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Europe Daily Bulletin No. 8569

22 October 2003
Contents Publication in full By article 44 / 51
ECONOMIC INTERPENETRATION / (eu) tourism

British travel operator MY TRAVEL has sold several of its US businesses for the sum of around £75.8 million. The cruise business are taken over by NATIONAL LEISURE, which provides £65.9 million, whereas the travel operators, SUNTRIPS and VACATION EXPRESS, which are in deficit, have been bought up by the tour operator, FS TOURS, for the sum of 9.9 million. MY TRAVEL is still planning other sales in order to reduce its indebtedness which amounts to £1.3 billion.

Contents

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