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acquisitions coronavirus Digital elliott management eNett gdss global distribution systems mergers payments Services travel travelport

Travelport Gets Stiffed by Coronavirus as Wex Walks Away From $1.7 Billion Payments Deal

Widely divergent payment methods around the world provide an opportunity for disruption. Wex informed Travelport that it wants to back out of its agreement to buy eNett and Optal. Grab Skift Take: It is likely back to square one for Travelport, which has tried to sell its hottest commodity, payments provider eNett, for years. It’s […]

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Digital eNett global distribution systems Services travel travelport

Travelport Finally Goes Private This Week in $4.4 Billion Deal

Travelport CEO Gordon Wilson spoke at Skift Tech Forum in June 2018. The company is set to go private in a deal pending regulatory approval. Skift Skift Take: By the end of this week, Travelport is expected to leave the public markets in a $4.4 billion leveraged buyout. After months of waiting, the company can […]