UPDATE 3-Home Depot's profit beat, $15 bln buyback lift shares to new high
* Shares rise as much as 2 pct to record high (Adds details, background, CEO and analyst comment; updates shares)
LONDON Dec 8 TUI Group, Europe's largest travel company, said the sale of its specialist holiday arm Travelopia was progressing and it expected the deal to close in the first half of its financial year.
TUI put Travelopia, comprised of over 50 brands offering specialist luxury, adventure and education holidays, on the block in September in a deal potentially worth 500-600 million euros.
Chief Executive Fritz Joussen told reporters on Thursday that the asset was attracting a lot of interest.
"We have now indicative offers in, and in the first-half of the financial year we will be hopefully closing the transaction," he said.
TUI's first half runs until the end of March. (Reporting by Sarah Young, Editing by Paul Sandle)
WASHINGTON, Feb 21 Chief executive officers of 16 companies, including Boeing Co, Caterpillar Inc and General Electric Co, have urged the U.S. Congress to pass a comprehensive tax code rewrite, including a controversial border tax.
Feb 21 Japanese bank Nomura has named Stefano Giudici as its head of investment banking in Italy.