Private equity houses Permira, CVC Capital and Charterhouse have started a consultation to appoint financial advisers for the IPO, the FT quoted people with knowledge of the matter as saying. Saga could not immediately be reached for comment. The Financial Times said the flotation would mark the end of Acromas, which had been formed six years ago after the merger of Saga and road side assistance firm AA in a 6.2 billion pound deal.
(Ronda Churchill/Bloomberg News) When you log on to Orbitz to find that perfect room for your next vacation, you may be thinking about the pool, or the view, or the chance to get away from it all. But the travel site you use and the hotel where you stay are thinking about something else: Whos responsible for your taxes? Online travel providers and the hotel industry will clash next year over which side is responsible for forwarding taxes to state and local governments, setting up high-stakes battles in state capitals that are increasingly facing the question of how to tax Internet sales.
Government shutdown: Time to travel?
Indeed, if anything, demand may be up and all airline posts manned for the demand as planes are flying as full as ever, possibly carrying some furloughed federal employees taking advantage of unscheduled days off. SEE RELATED: Shutdown 2013 does not affect air or ground travel, State Parks As a reporter for the travel industry, this author had her antennae up during a recent trip to Europe. On the Delta Air Lines flight outbound, security lines moved as usual and a TSA PreCheck line had two officers handling the few people in that qualified queue, getting them through the screening in less than five minutes.
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