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Hotelbeds-Tourico merger filed for review in Brussels

By Andrew Boyce ( April 11, 2017, 14:33 GMT | Insight) -- Buyout firm Cinven and the Canada Pension Plan Investment Board are seeking EU approval to acquire travel wholesaler Tourico Holidays and merge it with online-reservation service Hotelbeds Group. The European Commission has set a May 22 deadline to decide on the deal.Buyout firm Cinven and the Canada Pension Plan Investment Board are seeking EU approval to acquire travel wholesaler Tourico Holidays and merge it with online-reservation service Hotelbeds Group....

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