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Tui Travel Share News (TT.)
Share News for Tui Travel (TT.)
| Share Price: 371.80 | Bid: 371.30 | Ask: 371.60 | Change: 0.00 (0.00%) |  | ||||||
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TUI AG says lots of alternatives for tourism focus
Tue, 14th Aug 2012 10:15
FRANKFURT, Aug 14 (Reuters) - TUI AG said it has lots of different alternatives to develop its
'We are on a journey as far as the development of TUI AG is concerned. We are evaluating lots of different options and there is no formal decision making process,' Chief Financial officer Horst Baier told analysts after the group reported third-quarter results.
A source told Reuters on Monday that TUI AG buying TUI Travel's Central European business as a first step toward a full takeover of the London-listed company was one of the options under consideration.
(Reporting by Victoria Bryan) Keywords: TUI RESULTS/TUITRAVEL
(victoria.bryan@thomsonreuters.com)(+49 69 7565 1235)(Reuters Messaging: victoria.bryan.thomsonreuters.com@reuters.net Twitter:@reuters_vbryan)
COPYRIGHT
Copyright Thomson Reuters 2012. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
FRANKFURT, Aug 14 (Reuters) - TUI AG said it has lots of different alternatives to develop its
tourism business, declining to comment on reports it wants to take over the central European operations of London-listed TUI Travel
'We are on a journey as far as the development of TUI AG is concerned. We are evaluating lots of different options and there is no formal decision making process,' Chief Financial officer Horst Baier told analysts after the group reported third-quarter results.
A source told Reuters on Monday that TUI AG buying TUI Travel's Central European business as a first step toward a full takeover of the London-listed company was one of the options under consideration.
(Reporting by Victoria Bryan) Keywords: TUI RESULTS/TUITRAVEL
(victoria.bryan@thomsonreuters.com)(+49 69 7565 1235)(Reuters Messaging: victoria.bryan.thomsonreuters.com@reuters.net Twitter:@reuters_vbryan)
COPYRIGHT
Copyright Thomson Reuters 2012. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
UPDATE 2-Thomas Cook flags return to dividends after refinancing
* To raise 425 mln stg via rights issue and placing* Expects to raise 441 mln stg in bond issue* Agrees new 691 mln stg banking facility* H1 pretax lo[Thu 10:48]
UPDATE 2-TUI AG CEO shakes up group in drive for dividend
* Cuts costs at TUI AG headquarters in Hanover* Underperforming hotels, cruises to be restructured* Sees underlying EBITA of around 1 bln eur by 2014/[Wed 08:05]
TUI AG CEO says no plans for merger with TUI Travel
FRANKFURT, May 15 (Reuters) - TUI AG has no plans to merge with London-listed unit TUI Travel, the German company's chief executive said on Wednesday.[Wed 06:07]
TUI AG cuts costs in drive to pay out dividends
FRANKFURT, May 15 (Reuters) - German tourism group TUI AG will cut costs and align its hotels business more closely with that of unit TUI Travel as p[Wed 05:08]
UPDATE 1-TUI Travel sees strongest summer demand in six years
* Says 58 percent of summer holiday programme sold* Sees full-year profit rising by at least 10 percent* Posts first-half operating loss of 289 mln po[10 May '13]
TUI Travel says strong summer to drive 10 pct profit rise
LONDON, May 10 (Reuters) - TUI Travel, the world's largest tour operator, forecast a full year profit rise of at least 10 percent, driven by strong t[10 May '13]
UK's Thomson Airways to start Dreamliner flights in July
LONDON, April 30 (Reuters) - TUI Travel's Thomson Airways said it would start using its first Boeing Dreamliner on services from Britain to the Unite[30 Apr '13]
Irish firm eyes stake in UK aviation air traffic control
DUBLIN/LONDON, April 19 (Reuters) - Ireland's semi-state air traffic control operator said it had expressed an interest in buying a stake in its Briti[19 Apr '13]
