C&N Buys Havas Voyages Division
German tourism giant C&N has bought the travel division of its French competitor Havas Voyages. The company declined to name a price. C&N is owned by Lufthansa and German retail chain Karstadt AG. Havas Voyages has a market share of 20% in the French market with a turnover of $890.5 million. C&N CEO...
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