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According to Reuters, Travelport Worldwide (TVPT) approached by Siris Capital Group and Elliott Management

  • December 7, 2018


StockTravelport Worldwide LimitedSymbolTVPT
Date Announced12/06/2018Source Reuters
TypeNews Report
Date of Confirmation: 12/10/2018Price at Confirmation: $15.87
Potential Profit: 0.95%Annualized Profit: 87.07%

A consortium of buyout firm Siris Capital Group LLC and hedge fund Elliott Management is nearing an agreement to acquire travel software company Travelport Worldwide Ltd (TVPT), people familiar with the matter said on Thursday.


December 10, 2018: Travelport Worldwide Limited (TVPT), a leading travel technology company, today announced that it has entered into a definitive agreement to be acquired by affiliates of Siris Capital Group, LLC and Evergreen Coast Capital Corp. in an all-cash transaction valued at approximately $4.4 billion. Evergreen is the private equity affiliate of Elliott Management Corporation.

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