British regulators show resistance to a planned deal between InterContinental Hotels Group (IHG)...

|About: InterContinental Hotels G... (IHG)|By:, SA News Editor

British regulators show resistance to a planned deal between InterContinental Hotels Group (IHG) and online travel sites Expedia (EXPE) and Booking.com on the grounds it infringes competition law. The companies have three months to respond before a final decision is struck on the viability of the deal. IHG -1.1% in London trading.