Expedia is one of the world’s leading travel companies, with an extensive brand portfolio that includes some of the world’s most trusted online travel brands, including trivago. trivago is a global hotel search platform, in which Expedia holds 65.6% of the shares.
The initial public offering of trivago consists of a sale of 18,110,091 new American depositary shares (ADSs) and 8,000,027 existing ADSs at a price of $11.00 per ADS. The total value of the offering amounts to $ 287,211,298. The ADSs of trivago will begin trading on The NASDAQ Global Select Market under the ticker symbol "TRVG" on Friday 16 December 2016.
Matter Type
Banking & Finance - Capital Markets: Equity
Industry
Transport & Logistics
News Category
Banking & Finance