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Monday, December 11, 2023
HomeLatest NewsBank of America emerges in the capital of eDreams with more than...

Bank of America emerges in the capital of eDreams with more than 6% of the firm

Date: December 11, 2023 Time: 00:01:45

The Bank of America corporation has entered into the capital of eDreams Odigeo, an online travel agency, with 6.64% of the capital, as registered with the National Securities Market Commission (CNMV). This 6.64% is divided into 2.56% in voting rights attributed to shares and 4.07% in voting rights through financial instruments.

This measure is given after the fund in December At the end of 2022, likewise, the American multinational Morgan Stanley and the British group Barclays also entered this listed company with 10.03% and 6.52% of the capital, respectively.

Ardian departure

Twelve years after eDreams, Odigeo was left without its second largest shareholder in December. The Ardian fund notified the National Stock Market Commission (CNMV) of its departure from the company after placing 15.6% of the shares among institutional investors.

As a result of this sale, the two members of the board of directors of the company appointed by Ardian, Lise Fauconnier and Daniel Setton, resigned as proprietary directors. “Ardian’s decision to leave is due to legal obligations linked to the expiration of the corresponding fund,” the tourism group explained.

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Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.

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