Air Transport World

WestLB.(Europe Report)(Divestments)(Brief Article)

German banking giant WestLB sold its 31% stake in Europe's largest tourism services conglomerate, TUI AG. The stake shifted for nearly 1 billion [euro] ($1.34 billion) to Deutsche Bank, which then sold 17.3% of the shares to a Spanish consortium led by privately owned hotel concern Riu. …

Log in to your account to read this article – and millions more.