First Choice in talks on sale of company

First Choice Holidays is in early-stage talks with a number of parties over the possible sale of its main package holiday business…

First Choice Holidays is in early-stage talks with a number of parties over the possible sale of its main package holiday business, the company confirmed today.

First Choice, which has branches in Ireland, was responding to media reports yesterday that the company was in talks to sell the business to rival Mytravel Group.

The business, which operates holidays in the Mediterranean region, is valued at about £500 million.

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