Dubai’s Dnata Buys Stake In UK Holiday Firm
Air travel services provider dnata, part of Emirates Group, said that it has acquired a majority stake in Imagine Cruising, a UK-based holiday firm. The company did not disclose the value of the deal or the exact size of the stake it purchased.
Imagine Cruising is a cruise and stay holiday distributor that works with all major international cruise lines. Completion of the deal remains subject to merger control clearance in South Africa. Dnata and Imagine Cruising will continue to operate independently pending completion.