Cox & Kings eyes UK buy | business | Hindustan Times
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Cox & Kings eyes UK buy

business Updated: Jul 26, 2011 21:56 IST

British specialist travel company Holidaybreak is in discussions with Mumbai-based tour operator Cox & Kings for a possible offer.

Holidaybreak said the discussions may or may not lead to a cash offer. The news sent its shares up more than 12% on Tuesday.

Cox & Kings confirmed that it was in acquisition talks with Holidaybreak, but had not finalised an offer. Its shares closed down 0.9% at Rs 197.85 on BSE.