Flight Centre buys Euro corporate operator

Flight Centre has taken full ownership of European corporate travel operator 3Mundi. (AAP)

Flight Centre has taken full ownership of 3Mundi by exercising an option to buy the 75 per cent of the Paris-based corporate business it did not already own.

Flight Centre has taken full ownership of 3Mundi after buying the 75 per cent of the Paris-based corporate travel business it did not already own.

The ASX-listed travel firm says it acquired the stake under a put-call option in place since it took its initial stake in June 2017.

Flight Centre says the financial terms of the deal are confidential but that it was funded through existing debt facilities.

Source AAP

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