Wirtualna Polska Sells Fluege.de to Tongcheng Travel for €42.3 Million

Reuters

Dec 03

Wirtualna Polska Sells Fluege.de to <a href="https://laohu8.com/S/TNGCF">Tongcheng Travel</a> for €42.3 Million

Wirtualna Polska Holding SA has signed an agreement to sell 100% of the shares in Invia Flights Germany GmbH, owner of the online flight booking platform Fluege.de, to Tongcheng Travel Holdings Limited. The enterprise value of the deal is approximately 42.3 million EUR, with the final purchase price to be adjusted based on net working capital and net debt at closing. This move will allow WP Holding to focus on its core package holiday and domestic travel brands, while Fluege.de, under new ownership, aims to strengthen its position in the European travel market with access to Tongcheng Travel's international expertise and resources. The transaction is subject to approval from the relevant German authority.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wirtualna Polska Holding SA published the original content used to generate this news brief on December 03, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Wirtualna Polska Holding SA published the original content used to generate this news brief on December 03, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0278937759.USD","symbol_name":"abrdn SICAV I - EMERGING MARKETS SMALLER COMPANIES\"A\" (USD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251203:nNDL3xqQKk:1","article_id":"2588046686","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2588046686","pubTimestamp":1764766063,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Wirtualna Polska Holding SA has signed an agreement to sell 100% of the shares in Invia Flights Germany GmbH, owner of the online flight booking platform Fluege.de, to Tongcheng Travel Holdings Limited. 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The enterprise value of the deal is approximately 42.3 million EUR, with the final purchase price to be adjusted based on net working capital and net debt at closing. This move will allow WP Holding to focus on its core package holiday and domestic travel brands, while Fluege.de, under new ownership, aims to strengthen its position in the European travel market with access to Tongcheng Travel's international expertise and resources. The transaction is subject to approval from the relevant German authority.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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