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Dow to leave U.S. Travel next year

POLITICO Get the POLITICO Influence newsletter Email Sign Up By signing up you agree to receive email newsletters or updates from POLITICO and you agree to our privacy policy and terms of service. You can unsubscribe at any time and you can contact us here. This sign-up form is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Presented by With Daniel Lippman DOW TO LEAVE U.S. TRAVEL AFTER 17 YEARS: Roger Dow, the longtime president and chief executive of the U.S. Travel Association, a top industry lobbying group, will step down next year, the association announced this morning. Dow, who joined the association in 2005, has extended his contract through next July while the group’s board of directors kicks off a search for his replacement. Dow has been a vocal advocate for the industry as the coronavirus pandemic decimated global travel, which has yet to fully rebound. The pandemic blunted 10 straight years of growth for U.S. Travel under Dow�

Amazon Web Services, Inc.: AWS eröffnet Datenzentren in Israel

Die neue AWS-Infrastrukturregion wird in der ersten Hälfte des Jahres 2023 eintreffen und Kunden ermöglichen, Workloads auszuführen und Daten in Israel zu speichern und Endbenutzer mit noch geringerer

Carsupermarket and Motordepot owner Aramis tees up £413m IPO

Carsupermarket and Motordepot owner Aramis tees up £413m IPO Add to Bookmarks Aramis Group, which owns Carsupermarket, Motordepot and BestBuyer.com in the UK, has taken its first step towards an initial public offer (IPO) on the Paris Euronext exchange. The IPO is expected to close on 16 June raising as much as £413m (Euro481m). On a pro forma basis, the group’s revenues for the financial year ended 30 September 2020 amounted to €1.09bn. Stellantis, which will not sell any shares in the transaction, will remain the majority shareholder of Aramis Group. Aramis said the link with Stellantis gave it direct access to a source of used cars with no intermediaries, giving it higher margins. Its gross profit per unit went from €2,364 in 2019 to €2,509 in 2020, an increase of 6.1%.

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