Apollo Funds To Acquire The Travel Corporation; Financial Terms Of The Transaction Are Not Disclosed

7/16/24 8:38:01 AM ET

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Apollo (NYSE:APO) and The Travel Corporation (TTC) today announced they have entered into definitive agreement for Apollo-managed funds (the "Apollo Funds") to acquire TTC, which has been privately owned and operated for more than a century.

The transaction is comprised of 18 leading brands, including Trafalgar, a leading escorted tour operator; Uniworld Boutique River Cruises, a luxury all-inclusive river cruise line; Contiki, youth travel specialist tour company; premium guided vacation company, Insight Vacations; as well as other global travel brands and supporting business entities.

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Apollo Funds To Acquire The Travel Corporation; Financial Terms Of The Transaction Are Not Disclosed

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