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(Sharecast News) - British cruise specialist Iglu has been put up for sale, it was reported on Tuesday, with a potential 100m price tag.
According to Sky News, shareholder LDC - the private equity arm of Lloyds Banking Group - is in talks with Brisbane-based Flight Centre Travel Group about a potential sale of the online travel agent.
Any deal is likely to be worth around 100m, the report added.
Both LDC and Iglu have yet to comment on the report. FCTG, which is listed in Australia, has also yet to comment.
LDC first invested in Iglu a decade ago.
It offers trips to more 3,000 ports in 30 destinations with around 25 cruise lines, including Cunard and P&O Cruises.
Founded by chair Richard Downs, Iglu also offers ski holidays through Iglu Ski and owns the Planet Cruise brand.
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