SSG Capital Management, a private equity firm has acquired 34.42% stake in Cox and Kings subsidiary, Prometheon Holdings (UK) Ltd.

Prometheon is the holding company of Holdiaybreak, and consists of brands like Travel Works and Meininger.

Cox and Kings in a regulatory filing stated that, SSG Capital has acquired 34.42% stake in Prometheon Holdings (UK) Ltd, via its investee company.

Further, 65.6% of Holidaybreak is owned by Cox and Kings and  SSG Capital Management has 2.72% holding in Cox & Kings Ltd.

Read EquityPandit’s Technical Analysis of Indian Stock Market