Reuters logo
CORRECTED-eDreams Odigeo to sell shares to institutions in IPO
March 6, 2014 / 12:20 PM / 4 years ago

CORRECTED-eDreams Odigeo to sell shares to institutions in IPO

(Correct company name in headline and text, drops brand names to avoid repetition)

MADRID, March 6 (Reuters) - Online travel company eDreams Odigeo is to launch an initial public offering (IPO) of shares in Spain aimed at institutions in which it hopes to raise 50 million euros ($68.70 million) via the subscription of new shares.

In the nine months to December the company took 7.3 million bookings and had recurring core earnings of 88.8 million euros. ($1 = 0.7278 euros) (Reporting By Robert Hetz; writing by Elisabeth O‘Leary; editing by Paul Day and Tom Pfeiffer)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below