IFLR1000

CTrip £1.4 billion acquisition of Skyscanner

24/11/2016
Public acquisition
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£ 1.4 billion

$ 1.744 billion

Announced

24/11/2016

Overview:

  • Ctrip has acquired Skyscanner for £1.4 billion.
  • Ctrip is a Chinese travel agency and became China's biggest international travel site after merging with Qunar in 2015.
  • Skyscanner is an Edinburgh based flight price comparison site and has around 60 million monthly users.

Sam Duke - Editor

Jurisdictions:

China
Hong Kong SAR
United Kingdom

Deal type:

Public acquisition

Practice area:

M&A

Industry sectors:

Consumer goods and services
Transport

Firms:
Pinsent Masons

Party: Skyscanner (Target)

Lawyers: Alan Diamond, Rosalie Chadwick

Skadden Arps Slate Meagher & Flom

Party: Ctrip.com (Acquirer)

Lawyer: Haiping Li

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