Is Europe's Top Tour Company Considering Withdrawal from the London Stock Exchange?
Tui, a global tour operator, considers leaving the London Stock Exchange, potentially impacting the city's status as a major financial hub
Tui, one of the largest tour operators in the world, is considering leaving the London Stock Exchange, potentially impacting the city's status as a major financial hub. The German company, which is listed on both the London and Frankfurt stock exchanges, announced on Wednesday that it is in talks with shareholders about the potential benefits of delisting from the London Stock Exchange.
The company reported that a large portion of its stock trading had shifted from the UK to Germany over the last four years. Tui stated that potential benefits of having a single listing in Frankfurt include centralized liquidity, a more defined investment profile, and cost savings. This story is ongoing and will be revised as necessary.
