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Tui Group stands alone as merger completes

Operators
Edward Robertson
17 December 2014

The merger of Tui Travel and Tui AG has been completed, creating a company with 77,000 employees in 130 countries.

Tui headquarters

The new company, which is officially created today, saw its entire issued share capital, Tui AG Shares, of 533.6 million ordinary shares admitted on the premium listing segment of the London Stock Exchange at 8am today.

And the newly formed company’s bosses have pledged further growth for the “world’s number one integrated leisure tourism business”.

Friedrich Joussen, joint chief executive of Tui AG, said:
“Today is a great day for our company. The first day of the new Tui is the start of the world’s leading integrated tourism business.