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AUSTRALIA'S TRAVEL.COM.AU TO BUY 25 PCT IN LASTMINUTE.
SYDNEY, July 2 Asia Pulse - Online travel agent travel.com.au (ASX:TVL) will spend $A4.75 million ($US4.04 million) buying the 25.1 per cent stake in lastminute.com.au Australia Ltd it does not already own, taking full control of the company.
Half the purchase price will be paid immediately, and the remainder in 12 months.
Lastminute.com.au was established as a joint venture between TVL and lastminute.com in 2000.
"The lastminute.com.au brand has a strong presence and heritage in Australia and we ...
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