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Travel company advised on acquisition of HotelsCombined
An online travel services business has been advised on its planned acquisition of hotel metasearch site HotelsCombined.
Jerome Doraisamy
Firm: Baker McKenzie (Booking Holdings Inc.); K&L Gates (HotelsCombined).
Value: Undisclosed
Area: Corporate markets
Key players: The Bakers transaction team was led by partner Arthur Apos, who was assisted by senior associates Chris Taylor and Leah Cutri and general associate Stephanie Szkilnik.
Deal significance: According to a statement from Booking Holdings, HotelsCombined will report into its leading travel metasearch brand, KAYAK.
“HotelsCombined has built a strong brand with loyal consumers across APAC, and we believe the team will be a great addition to KAYAK to further expand our worldwide metasearch strategy," said Glenn Fogel, chief executive of Booking Holdings.
“We’ve admired their execution for many years. I'm eager to work together to strengthen our capabilities and global network,” added Steve Hafner, chief executive of KAYAK.
Jerome Doraisamy
Jerome Doraisamy is the editor of Lawyers Weekly and HR Leader. He has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. In June 2024, he also assumed the editorship of HR Leader. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of the Minds Count Foundation.
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