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Provider: GlobalData
Provider: Reuters Investment Profile
Provider: Thomson Reuters StreetEvents
Provider: GlobalData

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TUI Travel Plc Confirms Termination of Discussions With TUI AG-DJ

Wednesday, 23 Jan 2013 04:57am EST 

Dow Jones reported that TUI Travel Plc confirmed is no longer in discussions with TUI AG a potential combination of the two companies. TUI Travel is not in discussions with any other party regarding a potential offer for TUI Travel. Accordingly, TUI Travel is no longer in an offer period for the purposes of the City Code on Takeovers and Mergers. -On January 16, TUI Travel said it had received an approach from its parent company TUI AG, which already owns 56.4% of the operator, that could result in a combination of the companies. 

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