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Corporate Travel Management Responds to Market Speculation

13 Mar 2019  |  10:13:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: RESPONSE TO MARKET SPECULATION

Corporate Travel Management noted the announcement made by Capita regarding an unsolicited approach by the Company for Capita's travel businesses. Consistent with its stated strategy, the Company continues to evaluate a number of potential acquisition targets and confirms that it has had preliminary discussions with Capita regarding its travel businesses. These have been early stage discussions and there is no certainty as to whether a transaction will be agreed nor as to the terms or timing.

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