Cendant sells to Avis for more than £1bn.
Cendant Business Answers is to be acquired by Avis Rent A Car for £1.1bn. Cendant Business Answers -...
Cendant Business Answers is to be acquired by Avis Rent A Car for£1.1bn. Cendant Business Answers - which includes PHH Vehicle Management,
Cendant Business Partners, Cendant Claims Plus and Overdrive Solutions -
will become a subsidiary of Avis Rent A Car.
The deal, which is due to be completed by the end of the month, is likely
to result in rebranding for Cendant Business Partners and Cendant Claims
Plus.
Talks between the two companies began at the end of 1998. It is understood
that several other
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