Key Developments: TUI Travel PLC (TT.L)

TT.L on London Stock Exchange

371.80GBp
17 May 2013
Price Change (% chg)

3.00p (+0.81%)
Prev Close
368.80p
Open
368.90p
Day's High
372.40p
Day's Low
367.10p
Volume
2,995,714
Avg. Vol
2,912,830
52-wk High
372.40p
52-wk Low
156.50p

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Latest Key Developments (Source: Significant Developments)

TUI Travel Plc's Education Division To Acquire English Language Centre (York) Limited
Friday, 15 Jul 2011 03:00am EDT 

TUI Travel Plc announced that its Education division has purchased the English Language Centre (York) Limited (ELC York). The gross assets being acquired from the private owners are estimated at GBP0.8 million on completion. The transaction is a 100% share deal.  Full Article

TUI Travel Plc Completes Acquisition Of Magic Life Hotels Business
Thursday, 14 Jul 2011 02:00am EDT 

TUI Travel Plc announced that it has completed the purchase of the Magic Life Hotels business on July 13, 2011.  Full Article

TUI Travel PLC's Intercruises Shoreside & Port Services Announces Acquisition Of TMS Gateway
Friday, 3 Jun 2011 04:08am EDT 

TUI Travel PLC announced that Intercruises Shoreside & Port Services (Intercruises), part of the Accommodation & Destinations Sector of TUI Travel PLC, has invested in TMS Gateway. Following this investment, Intercruises will provide services at all major ports in North America, including the west coast destinations of San Diego, Los Angeles, Seattle and Vancouver. The estimated gross assets being acquired from Transportation Management Services, Inc (TMS) on closing are $2 million.  Full Article

UPDATE 2-TUI AG CEO shakes up group in drive for dividend

FRANKFURT, May 15 - German tourism group TUI AG's new chief is cutting costs, restructuring loss-making resorts and cruise operations, and will boost cooperation with unit TUI Travel in a shake-up aimed at resuming dividend payments in 2014/15.

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