The Priceline Group confirmed on Tuesday that it had signed a definitive agreement to acquire Momondo, with the deal expected to be completed later this year subject to regulatory approval. Momondo Group chief executive, Hugo Burge, said: “This announcement heralds an exciting new chapter for our business and our teams. “We look forward to becoming part of the Kayak family within The Priceline Group, and are very confident that the blend of brands and our different strengths will help us to jointly pursue what we both believe most passionately in – building products users love. “Our business is in great shape across the 30-plus markets in which we operate, and we’re looking forward to the opportunity to build on that further.” Get the full story at Travel Weekly UK