Barry Diller, the American entrepreneur behind internet conglomerate IAC/InterActiveCorp and the online travel company Expedia, is looking at "several" potential acquisitions in the UK.

In an interview with the Guardian, he said: "We are looking at several things in the UK. We are definitely looking in the travel space. There's lots of little entrepreneurship that intrigues us."

One potential target could be Cheapflights, the price comparison website which has confirmed it is considering a £200m sale or flotation.

Speaking from IAC's New York head office, Mr Diller declined to comment on any specific deals. "Whether we will or not I don't know, but we're always talking to somebody," he said.

Expedia was reported to be interested in both eBookers and Lastminute - both online travel companies that have been sold in the past two years. However, Mr Diller denied any interest in either.

Get the full story at the Guardian