The Competition Authority (AdC) approved the purchase of LF Holdings by American Express. The decision was announced today, with the regulatory authority giving the 'green light' to the operation.
LF Holdings is the parent company of the entities that make up the restaurant reservation platform The Fork. The platform allows users to search for and book restaurants through its website and application.
American Express, a multinational financial services company, is the buyer in this operation. The transaction value was not mentioned in the article.
With this regulatory approval, American Express reinforces its presence in the restaurant-related services sector, acquiring one of the main restaurant reservation platforms in Europe.



