|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||82.30 - 82.30|
|52 Week Range||66.79 - 95.60|
|Beta (3Y Monthly)||0.95|
|PE Ratio (TTM)||28.72|
|Forward Dividend & Yield||1.50 (1.82%)|
|1y Target Est||N/A|
Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. Historically, Amadeus IT Group SA (BME:AMS) has been paying aRead More...
The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market and want to start learning about core conceptsRead More...
Amadeus, which operates global travel booking systems and offers check-in services for airlines, said the deal will boost its presence in the hospitality sector. "The addition of TravelClick's solutions to the Amadeus portfolio will create a hospitality IT leader providing a broad range of innovative technology to hotels and chains of all sizes across the globe," the company said. Amadeus will partially finance the buy with a 1.00 billion euro ($1.14 billion) debt facility, it said.
Amadeus's announcement confirmed a Bloomberg report, which also said TravelClick could fetch up to $3 billion. Sabadell analysts said they did not expect any deal to be a burden on Amadeus' dividends. TravelClick, which is owned by private equity firm Thoma Bravo, is headquartered in New York City and serves more than 50,000 properties across 175 countries.