BRUSSELS/MILAN — Citigroup and GTP Holding SpA have today announced that Citigroup has agreed to acquire the majority stake in the Diners Club Europe franchise currently owned by GTP Holding SpA, bringing Citigroup’s ownership to 100%. This includes the Diners Club franchises in the UK, Ireland, Belgium, Luxembourg, the Netherlands, Italy, France, Germany and Switzerland. Citigroup currently has an 11.5% stake in the Diners Club Europe franchise.
Archive for the ‘Diners Club’ Category
Diners Club Launches New Card for Small to Medium Businesses
June 12, 2003Melbourne — Diners Club Australia today launched a new business card designed specifically for small to medium enterprises.
With the introduction of the new SME business card, Diners Club has taken an industry leadership position, offering features such as a flexible Rewards program, the ability to block spend at specific merchants and the ability to place control limits on individual cards.
Diners Club Wins Freddie Award for Best Affinity Card Program
April 24, 2002Diners Club® Wins Fifth Freddie Award For Best Affinity Charge/Credit Card Program
CHICAGO – Diners Club® won the “Best Frequent Traveler Affinity Charge/Credit Card Program” (Americas) for its Club Rewards® Program for the fifth consecutive year at the 2001 Freddie Awards. Voted by the readers of InsideFlyer magazine, the prestigious Freddie Awards were announced last night at the Fourteenth Annual “Freddie” Awards banquet in New York.
Diners Club Japan Joins Citigroup
February 2, 2000Tokyo — With approval from the FED in the US on January 31, 2000, Citigroup agreed to purchase 100% of the shares of Diners Club Japan from Fuji Bank and Japan Travel Bureau and 6 other affiliated companies.
An Executive Board Meeting was held on February 1, 2000. Mr. Ryosuke Zako, the Former President of Diners Club Japan, has been appointed as Chairman and Ms. Joyce Phillips has been appointed as the new President and CEO.
Diners Club Three-Peats Top Honors At 1999 Freddie Awards For Best Affinity Charge/Credit Card Program
January 27, 2000Chicago — Club Rewards® by Diners Club International won coveted honors for the third consecutive year, by being awarded the prestigious 1999 Freddie Award for the “Best Frequent Traveler Affinity Charge/Credit Card Program” by the readers of InsideFlyer. Results were announced at the Twelfth Annual “Freddie” Awards banquet in New York.
