Avis seals Budget deal

Avis Europe tightened its grip on the continental car hire market today by acquiring a chunk of rival Budget’s global operations.

Avis seals Budget deal
Wed, 22 Jan, 2003 - 12:04

Avis Europe tightened its grip on the continental car hire market today by acquiring a chunk of rival Budget’s global operations.

The group is snapping up Budget’s assets in Europe, Africa, Asia and the Middle East for $20m (€18.7m).

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CourtsHeathrowPlace: EuropePlace: AfricaPlace: AsiaPlace: Middle EastPlace: UKPlace: Hemel Hempstead,Place: USPlace: CanadaPlace: AustraliaPlace: New ZealandPlace: Latin AmericaPlace: BracknellPlace: FrancePerson: Chief ExecutivePerson: Mark McCaffertyEvent: September 11Organisation: AvisOrganisation: Avis EuropeOrganisation: BudgetOrganisation: Avis’Organisation: EuropcarOrganisation: HertzOrganisation: Cendant
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