TUI Travel PLC (TT.L)
|Market Cap (Mil.):||£4,229.44|
|Shares Outstanding (Mil.):||1,118.01|
* 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
LONDON, Nov 19 - Travel groups Thomas Cook , TUI Travel, Deutsche Lufthansa and Virgin Atlantic have agreed to sell the majority of their stakes in The Airline Group, which owns a large share in Britain's National Air Traffic Services (NATS).
Nov 19 - TUI Travel PLC : * Orders additional 787 dreamliners * Additional order takes the group's commitment from 13 to 15 dreamliners * For more news, please click here
Nov 19 - TUI Travel PLC : * Sale of interests in the airline group for cash proceeds of approximatley £38
LONDON, Sept 26 - TUI Travel lifted its full-year profit forecast on Thursday and said demand for its winter holidays was strong, overshadowing British rival Thomas Cook whose shares tumbled after it reported slower summer trading.
LONDON, Sept 26 - TUI Travel, the world's largest tour operator, increased the profit outlook it gave only seven weeks ago on Thursday due to strong demand in Britain and the Nordics for summer holidays.