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Europe Daily Bulletin No. 7980

9 June 2001
Contents Publication in full By article 33 / 40
ECONOMIC INTERPENETRATION / (eu) technology

The American group CENDANT, owner of the car rentals firm AVIS and several hotel chains, is negotiating the purchase of the electronic booking firm GALILEO for $2.8 bn. GALILEO ($1.64 bn turnover in 2000), held by a consortium of North American and European airline companies is the second largest ticket booking system in the world, behind SABRE.

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
ECONOMIC INTERPENETRATION