Hurtigruten board launches takeover bid - TravelMole


Hurtigruten board launches takeover bid

Wednesday, 30 Oct, 2014 0

The directors of Hurtigruten have backed plans for a takeover bid.

A group of investors, led by chairman Trygve Hegnar and board member Petter Stordalen, a wealthy hotel tycoon, are behind the bid and have the backing of private equity firm, TDR Capital.

The company has been valued at $444 million, according to Reuters.



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Lisa

Lisa joined Travel Weekly nearly 25 years ago as technology reporter and then sailed around the world for a couple of years as cruise correspondent, before becoming deputy editor. Now freelance, Lisa writes for various print and web publications, edits Corporate Traveller’s client magazine, Gateway, and works on the acclaimed Remembering Wildlife series of photography books, which raise awareness of nature’s most at-risk species and helps to fund their protection.



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