TUI looks to sell stake in shipping line
Tuesday, 08 Dec, 2010
0
TUI Travel parent TUI AG is looking to sell its 49.8% stake in container shipping company Hapag-Lloyd.
Investment banks Credit Suisse, Goldman Sachs and Greenhill have been selected to prepare a possible stock market listing of the shipping line in 2011.
TUI AG will also continue to seek core minority investors for Hapag-Lloyd. It announced in 2008 its intention to exit the container shipping business.
By Linsey McNeill
Have your say Cancel reply
Most Read
TRAINING & COMPETITION
Posting....
Skip to toolbar
Clearing CSS/JS assets' cache... Please wait until this notice disappears...
Updating... Please wait...
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.
































Global tourism exceeds 1.5 billion travelers announces UN-Tourism
Qatar Airways offers reduced timetable to over 60 destinations
WTTC global tourism reached record economic impact of 11 trillion in 2025
Hands In, UATP join forces for airline multi-card payments
Overseas travelers to the United States declined by 2.5% in 2025