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UK/Germany: TUI Supervisory Board to deal with TUI Travel, Hapag-Lloyd
01.09.2010 esmerk uutispalvelu
Financial Times Deutschland, 01 Sep 2010, p.1

According to information obtained by German daily FTD, the Supervisory Board of Hanover-based TUI will be discussing the possibility to acquire the remaining stakes in British subsidiary TUI Travel, which could be also integrated by means of a stock swap to combine TUI Travel with German TUI's hotel and cruise businesses. TUI still holds a 43.3% stake in container shipping line Hapag-Lloyd, Hamburg. This stake could be sold to fund the TUI Travel deal. The TUI Supervisory Board is to also deal with TUI's holding in Hapag-Lloyd.

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