Tui: Tour company could pull its listing from the London Stock Exchange

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Tui, one of many world’s largest tour operators, is weighing whether or not to stop the London Inventory Change in what could be one other blow to town’s standing as a world monetary heart.

The German firm, which is dual-listed in London and Frankfurt, stated in an announcement Wednesday that it had been approached by some shareholders to debate “whether or not the present itemizing construction is perfect” and whether or not a “delisting from the London Inventory Change could be in one of the best curiosity of shareholders.”

It added {that a} vital share of the buying and selling in its inventory had migrated from the UK to Germany prior to now 4 years. Potential benefits of a single itemizing in Frankfurt embrace “the centralization of liquidity, a clearer funding profile… in addition to lowering prices,” Tui stated.

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