| 
             
            
            Finnair  | 
            
             
            
            1995  | 
            
             
            
            $90m  | 
            
             
            
            Transport  | 
            
             
            
            Finland  | 
            
             
            
            Privatisation  | 
            
             
            
            Privatisation of Finnair  | 
          
          
            | 
             
            
            Rio Tinto  | 
            
             
            
            1995  | 
            
             
            
            £20bn  | 
            
             
            
            Other  | 
            
             
            
            UK/Australia  | 
            
             
            
            Merger  | 
            
             
            
            Synthetic (DLC) merger of RTZ and CRA  | 
          
          
            | 
             
            
            Scandic Hotels  | 
            
             
            
            1996  | 
            
             
            
            £200m  | 
            
             
            
            Hospitality  | 
            
             
            
            Sweden  | 
            
             
            
            IPO  | 
            
             
            
            IPO of Scandic Hotels  | 
          
          
            | 
             
            
            Thistle Hotels  | 
            
             
            
            1997  | 
            
             
            
            £620m  | 
            
             
            
            Hospitality  | 
            
             
            
            UK  | 
            
             
            
            IPO  | 
            
             
            
            IPO of Thistle Hotels  | 
          
          
            | 
             
            
            BAA consortium  | 
            
             
            
            1997  | 
            
             
            
            A$1.3bn  | 
            
             
            
            Transport  | 
            
             
            
            Australia  | 
            
             
            
            Acquisition  | 
            
             
            
            Acquisition of Melbourne Airport  | 
          
          
            | 
             
            
            British Regional Airlines  | 
            
             
            
            1998  | 
            
             
            
            £61m  | 
            
             
            
            Transport  | 
            
             
            
            UK  | 
            
             
            
            IPO  | 
            
             
            
            IPO of British Regional Airlines  | 
          
          
            | 
             
            
            DHL  | 
            
             
            
            1998  | 
            
             
            
                          | 
            
             
            
            Transport  | 
            
             
            
            Belgium  | 
            
             
            
            Disposal  | 
            
             
            
            Sale of strategic stake to Deutsche Post  | 
          
          
            | 
             
            
            TAP Air Portugal  | 
            
             
            
            1999  | 
            
             
            
                           | 
            
             
            
            Transport  | 
            
             
            
            Portugal  | 
            
             
            
            Valuation  | 
            
             
            
            Privatisation of TAP  | 
          
          
            | 
             
            
            Whitbread  | 
            
             
            
            1999  | 
            
             
            
            £578m  | 
            
             
            
            Hospitality  | 
            
             
            
            UK  | 
            
             
            
            Acquisition  | 
            
             
            
            Acquisition of Swallow  | 
          
          
            | 
             
            
            Dobbs  | 
            
             
            
            1999  | 
            
             
            
            $780m  | 
            
             
            
            Transport  | 
            
             
            
            USA/Switzerland  | 
            
             
            
            Acquisition  | 
            
             
            
            Acquisition by SAirGroup  | 
          
          
            | 
             
            
            Swissair  | 
            
             
            
            1999  | 
            
             
            
            $230m  | 
            
             
            
            Transport  | 
            
             
            
            S Africa/Switzerland  | 
            
             
            
            Acquisition  | 
            
             
            
            Acquisition of strategic stake in SAA  | 
          
          
            | 
             
            
            Dynair  | 
            
             
            
            1999  | 
            
             
            
            $155m  | 
            
             
            
            Transport  | 
            
             
            
            USA/Switzerland  | 
            
             
            
            Acquisition  | 
            
             
            
            Acquisition by SAirGroup  | 
          
          
            | 
             
            
            LOT Polish Airlines  | 
            
             
            
            1999  | 
            
             
            
            $183m  | 
            
             
            
            Transport  | 
            
             
            
            Poland/Switzerland  | 
            
             
            
            Disposal  | 
            
             
            
            Sale of strategic stake to Swissair  | 
          
          
            | 
             
            
            British Midland  | 
            
             
            
            1999  | 
            
             
            
            £457m  | 
            
             
            
            Transport  | 
            
             
            
            UK/Germany  | 
            
             
            
            Disposal  | 
            
             
            
            Sale of strategic stake to Lufthansa  | 
          
          
            | 
             
            
            easyJet  | 
            
             
            
            2000  | 
            
             
            
               | 
            
             
            
            Transport  | 
            
             
            
            UK  | 
            
             
            
            IPO  | 
            
             
            
            IPO of easyJet  | 
          
          
            | 
             
            
            Fraport  | 
            
             
            
            2001  | 
            
             
            
            €863m  | 
            
             
            
            Transport  | 
            
             
            
            Germany  | 
            
             
            
            Privatisation  | 
            
             
            
            Privatisation of Fraport  | 
          
          
            | 
             
            
            Compass  | 
            
             
            
            2001  | 
            
             
            
            £3.3bn  | 
            
             
            
            Hospitality  | 
            
             
            
            UK  | 
            
             
            
            Disposal  | 
            
             
            
            Sale of Forte hotel brands  | 
          
          
            | 
             
            
            Holidaybreak  | 
            
             
            
            2004  | 
            
             
            
               | 
            
             
            
            Travel  | 
            
             
            
            UK/Holland  | 
            
             
            
            Acquisition  | 
            
             
            
            Acquisition of Bookit  | 
          
          
            | 
             
            
            Holidaybreak  | 
            
             
            
            2005  | 
            
             
            
               | 
            
             
            
            Travel  | 
            
             
            
            UK/Holland  | 
            
             
            
            Acquisition  | 
            
             
            
            Acquisition of Hotels.nl  | 
          
          
            | 
             
            
            Bank of Scotland  | 
            
             
            
            2007  | 
            
             
            
            £925m  | 
            
             
            
            Hospitality  | 
            
             
            
            UK  | 
            
             
            
            Acquisition  | 
            
             
            
            Acquisition of NHP  | 
          
          
            | 
             
            
            Whitbread  | 
            
             
            
            2007  | 
            
             
            
            £44m  | 
            
             
            
            Hospitality  | 
            
             
            
            UK  | 
            
             
            
            Acquisition  | 
            
             
            
            Acquisition of Golden Tulip  | 
          
          
            | 
             
            
            Whitbread  | 
            
             
            
            2008  | 
            
             
            
            £19m  | 
            
             
            
            Hospitality  | 
            
             
            
            UK  | 
            
             
            
            Acquisition  | 
            
             
            
            Acquisition of hotels from The Real Hotel Company  | 
          
          
            | 
             
            
            Carlson and Rezidor  | 
            
             
            
            2010  | 
            
             
            
               | 
            
             
            
            Hospitality  | 
            
             
            
            US/Belgium/Taiwan  | 
            
             
            
            Disposal  | 
            
             
            
            Sale of Regent Hotels  | 
          
          
            | 
             
            
            Hoseasons  | 
            
             
            
            2010  | 
            
             
            
            $60m  | 
            
             
            
            Travel  | 
            
             
            
            UK/US  | 
            
             
            
            Disposal  | 
            
             
            
            Sale of Hoseasons to Wyndham  |