TUI Travel Agrees to Merge With TUI AG

LONDON—U.K. convenience and transport association TUI Travel concluded to combine with a infancy shareholder, Germany’s TUI AG, in a understanding that would emanate a total organisation with a marketplace value of around $9.7 billion.

The deal, that values a 45.5% of TUI Travel not already owned by TUI AG during around $3.4 billion, comes after years of conjecture about a full-blown partnership following a arrangement of TUI Travel in 2007, when TUI AG’s airline and…

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Widgetized Section

Go to Admin » appearance » Widgets » and move a widget into Advertise Widget Zone