Company court judges in Amsterdam have ruled that Sunweb does not have to yet press ahead with its now-cancelled takeover of Dutch tour operator Corendon. The Sunweb travel group said last month it was pulling out of the deal, a decision which the Dutch firm said it would challenge in court. Ruling against Corendon’s call for the takeover to go …
The Sunweb travel group has confirmed it is pulling out of its takeover of Dutch tour operator Corendon. ‘We regret to make this announcement as Sunweb Group has invested significant time and resources into making this transaction happen,’ chief executive Mattijs ten Brink said in a statement on Thursday. The takeover of Corendon by Swedish investment house Triton via the …
