logo-loader
RNS
viewTUI AG

Disposal

/**/ .l { MARGIN: 72pt; size: 595.3pt 841.9pt } DIV.l { } P.s { TEXT-ALIGN: right; LINE-HEIGHT: 115%; MARGIN: 0cm 0cm 10pt; FONT-FAMILY: "Calibri","sans-serif"; FONT-SIZE: 11pt } SPAN.q { FONT-FAMILY: "TUIType","sans-serif" } P.t { TEXT-ALIGN: center; LINE-HEIGHT: 115%; MARGIN: 0cm 0cm 10pt; FONT-FAMILY: "Calibri","sans-serif"; FONT-SIZE: 11pt; FONT-WEIGHT: bold; TEXT-DECORATION: underline } SPAN.o { FONT-FAMILY: "TUIType","sans-serif" } P.u { TEXT-ALIGN: justify; LINE-HEIGHT: 115%; MARGIN: 0cm 0cm 10pt; FONT-FAMILY: "Calibri","sans-serif"; FONT-SIZE: 11pt } P.a { LINE-HEIGHT: 115%; MARGIN: 0cm 0cm 10pt; FONT-FAMILY: "Calibri","sans-serif"; FONT-SIZE: 11pt } LI.a { LINE-HEIGHT: 115%; MARGIN: 0cm 0cm 10pt; FONT-FAMILY: "Calibri","sans-serif"; FONT-SIZE: 11pt } DIV.a { LINE-HEIGHT: 115%; MARGIN: 0cm 0cm 10pt; FONT-FAMILY: "Calibri","sans-serif"; FONT-SIZE: 11pt } /**/
RNS Number : 5837J
TUI AG
12 September 2016
 

 

TUI AG

Completion of Hotelbeds Group disposal

 

On 28 April 2016, TUI AG announced that it had reached an agreement to dispose Hotelbeds Group to GNVA Acquisitions Limited, a company ultimately owned by funds managed or advised by Cinven and Canada Pension Plan Investment Board, for a total cash consideration of €1,191 million (the "Transaction"). All conditions and regulatory approvals have now been satisfied and the Transaction has completed.

 

12 September 2016


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DISLLFLLADIFLIR

Quick facts: TUI AG

Price: 1061.5

Market: LSE
Market Cap: £6.25 billion
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE