TUI Weighs Giving Up London Listing as Volumes Shift to Germany
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TUI AG is considering delisting from the London Stock Exchange and moving its primary listing to Germany as it looks to simplify its holding structure and seeks inclusion on Frankfurt’s MDAX index.
The ownership and trading activity for the company’s shares was shifting from the UK to Germany, TUI said. As a result, its executive board was considering whether a prime standard listing in Frankfurt would be “in the best interest of shareholders,” TUI said in a statement as it reported earnings.