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Sightseeing firm Big Bus Tours hires JPMorgan for sale

from Reuters

One of the world's largest operators of open-top sightseeing tours, Big Bus Tours, has hired JPMorgan to find a buyer in a deal that could value the travel firm at close to $810 million, sources familiar with the situation said. The company's owners have appointed the U.S. bank to lead a strategic review with a view to launching a sale process early next year, said one of the sources who could not be named because the matter is confidential. more

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