Dhamija: we don’t need to sell

The chief executive of ebookers, Dinesh Dhamija, has reportedly claimed that he “does not need to sell” the company, and that the business is “doing very well”. As reported, the City has been speculating that the firm is ripe for a takeover – and executives from ebookers have been in talks with several potential suitors – after Dhamija stated that “the time is right” to sell the company. But he reportedly told The Times: “I can give an assurance with every fibre of my body that we do not need to sell. I have proved everything I needed to prove over the last five years. But that doesn’t mean that if I don’t sell I’ll have wasted my time, because the business is doing well.” The company reportedly said this week that talks with potential buyers were progressing well and that the future should be clear “by next month”. Sabre, the Cendant Corporation, BridgePoint Capital and Alchemy Partners are thought to be among those organisations interested.