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TUI boss: we are open to a big shareholder

BERLIN (Reuters) - Tourism company TUI is open to a new major shareholder after Russian billionaire Alexey Mordashov has been sidelined by European Union sanctions over Moscow's...
TUI boss: we are open to a big shareholder © Reuters. The logo of Germany-based travel company TUI is seen on a travel agency in Paris, France, June 23, 2020. REUTERS/Charles Platiau

BERLIN (Reuters) - Tourism company TUI is open to a new major shareholder after Russian billionaire Alexey Mordashov has been sidelined by European Union sanctions over Moscow's invasion of Ukraine, Chief Executive Sebastian Ebel said.

Asked whether TUI was interested in a new shareholder, Chief Executive Sebastian Ebel told journalists on Monday evening:

"The answer is relatively clear - yes." He did not rule out the possibility of interest from Chinese investors, though made clear this was unlikely.

"We should be careful about saying a Chinese shareholder is evil, or a Russian shareholder," he said.

Mordashov, who held around 30% shares in TUI, has no access to his investment due to the sanctions and his shares have been transferred to his wife. A planned capital increase will mean his share will decrease significantly.

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01-05-2024 10:45:17 (UTC+7)

EUR/USD

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-0.0008 (-0.07%)

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EUR/USD

1.0658

-0.0008 (-0.07%)

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GBP/USD

1.2475

-0.0015 (-0.12%)

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USD/JPY

157.91

+0.12 (+0.07%)

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AUD/USD

0.6469

-0.0003 (-0.05%)

Summary

Neutral

Moving Avg:

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USD/CAD

1.3780

+0.0003 (+0.03%)

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EUR/JPY

168.32

+0.10 (+0.06%)

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26.677

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85.62

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 EUR/USD1.0658↑ Sell
 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
 Natural Gas1.946↑ Sell
 US Coffee C213.73↑ Sell
 Euro Stoxx 504,920.55↑ Sell
 S&P 5005,035.69↑ Sell
 DAX17,921.95↑ Sell
 FTSE 1008,144.13Sell
 Hang Seng17,763.03↑ Sell
 Small Cap 20001,973.05↑ Sell
 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
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SJC Eximbank8,300/ 8,500
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Cập nhật 01-05-2024 10:45:19
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Cập nhật lúc 10:45:15 01/05/2024
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