Brief: Travel + Leisure Co. Continues Brand Portfolio Expansion With Acquisition Of Accor Vacation Club

Travel + Leisure

31/01/2024 24:01

Jan 30 (Reuters) - Travel + Leisure Co  TNL.N :
    * . CONTINUES BRAND PORTFOLIO EXPANSION WITH ACQUISITION OF
ACCOR
VACATION CLUB
    * DEAL IS EXPECTED TO BE IMMEDIATELY ACCRETIVE TO TRAVEL +
LEISURE
CO. UPON CLOSING
    * ANNOUNCED AGREEMENT TO ACQUIRE VACATION OWNERSHIP BUSINESS
OF
GLOBAL HOSPITALITY GIANT ACCOR (AC:FP) FOR US$48.4 MILLION

Source text for Eikon:  ID:nBw5MTf1Ma 
Further company coverage:  TNL.N 

 ((Reuters.Briefs@thomsonreuters.com;))