Kuoni Agrees to $1.4 Billion Takeover Bid From EQT Partners

  • Swedish buyout co. wins bidding with 370 francs a share bid
  • EQT plans to expand Kuoni through further acquisitions

EQT Partners AB won the bidding for Swiss travel services company Kuoni Reisen Holding AG with a 1.39 billion-franc ($1.4 billion) offer and the Swedish buyout firm said it plans further acquisitions in the industry.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.