lastminute.com N.V. (SWX:LMN) is looking for mergers and acquisitions. During the company's investor and media conference call and live webcast on the full year 2022 results, Luca Concone, Chief Executive Officer, said that ‘So, the answer is yes in a support way. We always look at M&A opportunities.

We don't have an M&A plan, so we don't have a target like we want to grow in South Africa, and so let's go and find somebody local to purchase. We mainly look at M&A opportunities where we can buy technology and our profitable market share. So, the company is always on the outlook for innovation.

So don't expect a very large M&A transaction where we acquire huge assets. We rather focus on buying companies that we can integrate into our technological platform. So that is, I would say, in a nutshell, our M&A strategy.

We have the cash and we have valuable stocks, which hopefully will be more and more appreciated by the market. So, we have the means to pursue M&A growth'.