Takeover bids for Kuoni Global

Kuoni Group’s Board of Directors has confirmed that it has received preliminary approaches from third parties regarding a potential offer for the Kuoni Group and its businesses. However, the company has released in a statement that discussions are at a preliminary stage and there can be no certainty at this stage that an offer will be made, nor as to the terms on which any offer might be made. The Board of Directors is evaluating the situation, also taking into consideration all other strategic possibilities.