TUI Travel PLC (TT.L)
10 Mar 2014
|Market Cap (Mil.):||£4,807.45|
|Shares Outstanding (Mil.):||1,118.01|
FRANKFURT, Feb 20 - Shares in German travel group TUI AG dropped 5 percent on Thursday following the sale of a 15.7 percent stake by its second-largest shareholder, John Fredriksen, who had been pushing for a merger with London-listed TUI Travel.
FRANKFURT, Feb 12 - German travel and tourism group TUI AG said it was more confident for its struggling Hapag-Lloyd cruises unit as it reported quarterly results on Wednesday.
LONDON, Feb 6 - TUI Travel, Europe's biggest tour operator by revenues, stuck to its target of 7 to 10 percent annual profit growth after strong bookings in January for summer holidays that generate the bulk of the firm's earnings.
LONDON, Feb 6 - TUI Travel, the world's biggest tour operator, said it was confident on 2014 after seeing strong demand for holidays in its key January booking period and as its seasonal operating loss narrowed in its first quarter.
(Corrects headline and first paragraph to say statements refer to London-listed TUI Travel, not Germany's TUI AG. Corrects second paragraph to clarify Clemens is chief executive of TUI Deutschland GmbH, not Germany chief at TUI AG)
* Underlying op profit up 13 pct vs group's 11 pct forecast
FRANKFURT - Norwegian shipping magnate John Fredriksen is increasing his shareholding in Europe's largest tour operator TUI AG to more than 20 percent and simultaneously selling his entire stake in its TUI Travel subsidiary.
* He still views merger of TUI AG, TUI Travel as an option
LONDON, Nov 21 - Monteray Enterprises plans to sell all of its 5.4 percent stake in tour operator TUI Travel via an accelerated placing to institutional investors on Thursday, bookrunner Goldman Sachs said.
Nov 19 - Boeing : * Tui travel plc complete order for two 787-8s * Says the deal, worth $424 million at current list prices * Source text for Eikon * Further company coverage