ECI pulls sale of Reed & Mackay; focus on growing US business
It would appear the sale of Reed & Mackay, the corporate travel agent favoured by some of the City's most prestigious firms, has been called off.
I'm hearing from good sources ECI Partners, the private equity firm that owns Reed & Mackay, has pulled the auction after appointing bankers from NM Rothschild to run a sale process to raise £100 million.
Here are links to some of previous Betaville posts on the topic:..
Register
Register for free to see rest of this article and all public articles from Betaville
Login / RegisterDate: Monday, 14 September 2015, 7:41 pm