The EU court upheld the decision to block Booking Holdings' acquisition of ETraveli for €1.63 billion. The court agreed with the European Commission that the deal would strengthen Booking's market position and harm competition. Following this ruling, Booking's lawsuit against the antitrust decision was dismissed. The acquisition can still be appealed to the Court of Justice of the European Union.
Company Information
Company
Booking Holdings
Location
Norwalk, Connecticut, United States
About
Booking Holdings (NASDAQ: BKNG) is the world's leading provider of online travel and related services, provided to consumers and local partners in more than 220 countries and territories through six primary consumer-facing brands: Booking.com, Priceline, Agoda, Rentalcars.com, KAYAK and OpenTable. The mission of Booking Holdings is to make it easier for everyone to experience the world. For more information, visit BookingHoldings.com and follow us on Twitter @BookingHoldings.
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70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed
Frequently asked
Who acquired Etraveli Group?
Etraveli Group was acquired by Booking Holdings, based in Norwalk. The deal was reported on September 10, 2026. Booking Holdings is publicly traded (BKNG) and operates in Information Technology.
When did Booking Holdings acquire Etraveli Group?
Booking Holdings's acquisition of Etraveli Group was reported on September 10, 2026. The EU court upheld the decision to block Booking Holdings' acquisition of ETraveli for €1.63 billion. The court agreed with the European Commission that the deal would strengthen Booking's market position and harm competition. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Etraveli Group do?
Etraveli Group is a global travel technology company headquartered in Stockholm, Sweden. It operates a sophisticated Flight Tech Platform delivering airline tickets to nearly 50 million travellers annually across 75 markets. It is privately held, operating in Travel, and is based in Sweden.
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