Published by Global Banking & Finance Review®
Posted on January 6, 2026
1 min readLast updated: January 20, 2026
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Kelso Group buys a 0.3% stake in Saga for 1.55 million pounds, aiming to boost value and attract US investors. Saga has rebounded from pandemic losses.
Jan 6 (Reuters) - Investment firm Kelso Group Holdings said on Tuesday it had bought 400,000 shares in British travel company firm and submitted proposals to its board aimed at boosting value, including attracting more U.S. investors.
Kelso's investment, worth 1.55 million pounds ($2.1 million), gives it a 0.3% stake in Saga, which had a market value of 552.1 million pounds as of Monday's close.
Saga, which targets customers aged over 50 and offers services from cruises to insurance, has recovered from pandemic-related losses in recent years, helped by steady profitability, driven by strong travel demand and a strategic overhaul of its insurance arm.
Kelso also holds stakes in cybersecurity firm NCC Group, e-commerce firm THG, and investment vehicle Selkirk.
($1 = 0.7378 pounds)
(Reporting by Shashwat Awasthi in Bengaluru; Editing by Rashmi Aich)
Insurance is a financial arrangement that provides protection against potential future losses or damages. It involves paying a premium to an insurer in exchange for coverage against specific risks.
An investment is the allocation of resources, usually money, into an asset or project with the expectation of generating income or profit over time. Investments can include stocks, bonds, real estate, and more.
The travel industry encompasses businesses and services related to travel, including transportation, accommodation, and activities for tourists. It plays a significant role in global economic growth.
The financial community refers to the network of individuals and organizations involved in the management, investment, and regulation of financial resources. This includes banks, investors, regulators, and financial advisors.
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