Nordic Business Report-January 29, 2007-Ticket Travel Group AB cancels plans to acquire Kilroy Travels International A/S (C)1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com Swedish travel group Ticket Travel Group AB said on Friday (26 January) that it has terminated its talks to acquire Danish-based pan-Nordic travel agency chain Kilroy Travels International A/S. The parties were unable to agree on the purchase price. "We continue to look at further acquisitions in the Nordic countries, at the same time as we continue the organic work to make Ticket more profitable. Our vision is to become the leading travel operator in the Nordic countries," said Lennart Kall, CEO of Ticket Travel Group. Ticket Travel Group sells private travels from all leading charter and travel operators, as well as airlines and hotel operators. The group has 85 outlets in Sweden and Norway, and annual sales of approximately SEK3bn. Ticket Travel Group is listed on the Nordic Exchange in Stockholm. One British pound (GBP) is worth approximately 13.38 Swedish kronor (SEK). ((Comments on this story may be sent to [email protected]))