Online travel giant Expedia Monday launched a Aus$700 million (US$658 million) takeover bid for Australian hotel booking website Wotif.com and its other businesses, the companies said. Under the deal, Expedia Group will pay Aus$3.06.

MORE than $280 million has been wiped from the market value of Wotif after the online hotel booking group forecast a sharp drop in first-half profit. The group’s shares plunged almost a third today to close at their lowest level in more than.

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The Australian Competition and Consumer Commission (ACCC) has given the go. "Currently Expedia is estimated to hold 10 per cent of the Australian hotel portal market. With the acquisition of Wotif, Expedia will grow to 45 per cent.

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But Labor and Liberals hit back, Attorney-General Simon Corbell pointing to the national Greens accepting a $1.6 million donation from Wotif founder Graeme Wood in 2010. Mr Corbell said a bigger fine would not change behaviour, and if.

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Online travel giant Expedia Monday launched a Aus$700 million (US$658 million) takeover bid for Australian hotel booking website Wotif.com and its other businesses, the companies said. Under the deal, Expedia Group will pay Aus$3.06.

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Mr Cooke, who was chief executive of hotel booking website Wotif.com prior to joining Tatts, said he will lead Tyro through the next stage of its growth. "I am very excited to be joining the Tyro team and look forward to continuing.

The Australian Competition and Consumer Commission (ACCC) has given the go. "Currently Expedia is estimated to hold 10 per cent of the Australian hotel portal market. With the acquisition of Wotif, Expedia will grow to 45 per cent.

Mr Cooke, who was chief executive of hotel booking website Wotif.com prior to joining Tatts, said he will lead Tyro through the next stage of its growth. "I am very excited to be joining the Tyro team and look forward to continuing.

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We’ve long-known the race held annually in Albert Park, Melbourne, demands a huge subsidy – $26.6 million in 2005, rising to $52.1 million in 2011 and $61.1 million in 2012. That’s real money from the State budget that’s no longer.

But Labor and Liberals hit back, Attorney-General Simon Corbell pointing to the national Greens accepting a $1.6 million donation from Wotif founder Graeme Wood in 2010. Mr Corbell said a bigger fine would not change behaviour, and if.

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MORE than $280 million has been wiped from the market value of Wotif after the online hotel booking group forecast a sharp drop in first-half profit. The group’s shares plunged almost a third today to close at their lowest level in more than.

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