Amadeus agrees France's Karavel buy

Wednesday 2 February 2005 at 16:00

Amadeus, the Madrid-listed travel reservations firm about to be taken private for €4.4bn ($5.8bn), has agreed to buy a French tour operator for €60m.

Amadeus' online travel subsidiary, Opodo, will buy Karavel, which runs the Promovacances online package travel firm, for cash.