Cinven drafts in JP Morgan for Amadeus bid

JP Morgan is advising private equity firm Cinven on its joint bid with UK buy-out rival BC Partners for Amadeus, the Spanish travel reservations company, which is set to be one of Europe's biggest leveraged buyouts.

Cinven joined BC to put in a second-round bid on Thursday that values Amadeus at about €4.37bn ($5.7bn), or €7.35 a share.

WSJ Logo