“TUI Chief Financial Officer Confirms Recent Approaches from Investors Regarding Trading Locations, ” – as Lager Thins In UK, Germany Sees Increased Activity, Plunging FTSE 100 Discourages London Stock Exchange Listings
LONDON, UK – German travel company TUI announced on Tuesday that it is considering delisting from the London Stock Exchange (LSE) and focusing its trading solely in Germany. The move comes as the company has seen a significant shift in the trading of its shares, with the majority of transactions now settled in Germany. TUI currently has a dual listing between London and Frankfurt, but last year the company was approached by investors questioning whether …