MADRID, Sept 17 (Reuters) - The shareholders of Amadeus have hired investment bank Rothschild to study a possible stock offering of the travel reservations giant, a source with knowledge of the deal said on Thursday.
“The shareholders have given the mandate for an initial public offering and the search for a lead manager for the deal,” the source said.
The source said the shareholders have yet to decide whether to tender part of their holdings in the planned offering or issue new shares.
Amadeus was delisted four years ago when BC Partners and Cinven bought their stake from the three airlines.
Earlier, Spanish financial website finanzas.com said Amadeus, worth 8 billion euros ($11.80 billion), had approved the offering of a 30 percent stake in the company.
A spokeswoman for Amadeus declined to comment on the operation.
Reporting by Andres Gonzalezl; Writing by Tracy Rucinski; Editing by Simon Jessop