09-12-2016 13:17 via feedproxy.google.com

Skyscanner’s $1.7 billion sale to China’s Ctrip is now complete

Scottish travel startup Skyscanner is now officially owned by Chinese online travel giant Ctrip, as the £1.4 billion (USD$1.74 billion) deal has now been finalized.
The deal was first announced on November 26, and given it had already been approved by both companies’ directors, it was really just subject to the usual “customary closing conditions.” But it marks a milestone moment in what has been a remarkable journey for a company that built a major global business from i
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