PRINT THIS PAGE Cinven and BC Partners close in on Spanish technology provider Amadeus11/01/2005. Source: AltAssets. 
 UK-based private equity firms Cinven and BC Partners are reportedly closing in with their joint bid for Amadeus, a European-based global distribution system and technology provider for the international travel and tourism industry, according to the Financial Times.
The bid could value Amadeus at more than €4.9bn, making the transaction Spain's largest leveraged buy-out and one of the largest private equity deals on record in Europe.
Other private equity firms such as CVC and Carlyle, which have also shown an interest in acquiring Amadeus, do no longer seem to be part of the negotiations.
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