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Avis Budget Agrees To Buy Avis Europe, Likely Ending DTAG Pursuit06/14/2011Avis Budget Group agreed to purchase Avis Europe for about $1 billion in a deal that "unifies Avis and Budget brands globally under single corporate ownership," according to a company statement. Avis Budget expects the purchase to close in October, subject to the necessary shareholder and ...
Avis launched a mobile app for Android smartphones04/05/2012
Avis Budget Raises Offer For Dollar Thrifty09/02/2010Avis Budget Group on Thursday upped the cash portion of its offer to acquire Dollar Thrifty Automotive Group and rebuffed analysis Hertz issued earlier this week that Avis Budget would face more difficulty with antitrust approval than Hertz in the acquisition.
Avis Europe To Issue New Stock To Fund Asian Growth06/29/2010Avis Europe last Friday announced a rights issue aimed at raising up to £151 million on the London Stock Exchange to shore up its balance sheet and drive expansion in China. It expects to complete the move, which issues nine new shares for eight old ones at a discount of 56 percent from current ...
Accor, Avis Europe Report Improving Earnings08/26/2010French-based hotel group Accor on Thursday reported strong corporate bookings for September, as it unveiled a doubling in profits for the first half of 2010. Also reporting first-half figures on Thursday, Avis Europe said it moved back into the black after successfully pushing up average rental ...
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