Germany's Bafin exempts Russia's Mordashov from launching full TUI takeover – Reuters
Germany’s Bafin exempts Russia’s Mordashov from launching full TUI takeover – Reuters
Travel group TUI on Monday said German regulator BaFin has exempted a consortium backed by Russian billionaire Alexey Mordashov from making a compulsory takeover offer for the company, easing the path for a bailout of the travel operator.