Article: GERMANY'S C+N TO SNAP UP HAVAS VOYAGES' TOURISM UNIT.

American Express has announced that the tourism branch of its French subsidiary Havas Voyages would soon be sold to Germany's second-largest tourist group Condor+Neckermann (C+N). The German giant, which is currently eyeing up its British rival Thomson Travel Group, will ensnare a more modest prey in France. Havas Voyages' 380 travel agencies currently account for around 10% of retail tourist trade sales in France. But the Chairman of C+N, Stefan Pichler, has already made clear that it would not hesitate to start selling its own package tours through this network, while also raising ...

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