A company that takes schoolchildren on exotic adventure trips is in talks to be sold for about ï¿¡110m.
Education and Adventure Travel Group, which provides school holidays for some 200,000 children a year, is about to be bought by DLJ Merchant Banking Partners, the private-equity arm of Credit Suisse, the investment bank. The company consists of [...]

So a frind of mine, who fluked a couple of days at the Hotel Splendido, a really rather sumptuous affair in Portofino on the Italian Riviera, was convinced that herein lay the secret of holidaying for free. His theory was simple: pay for a single blow-out holiday in a selection of Europe’s top hotels, then [...]