Flight Centre Travel Group (FLT) said on Tuesday (31 January) that it was hopeful of completing a deal for the British operator by the end of February.
In a note to Australia’s securities exchange, Flight Centre said Scott Dunn would "provide an entry point" into the UK and US luxury market, describing the business as a "well-regarded, scalable brand".
Around three-quarters (74%) of Scott Dunn’s business, based on total transactional value, is currently conducted in the UK market, followed by around a fifth (21%) in the US and around 5% in Asia, based on trading in the 12 months to 31 October 2022.
