Tui plans capital raise of up to 1 billion euros – Handelsblatt – Reuters UK

Tui plans capital raise of up to 1 billion euros – Handelsblatt – Reuters UK

Tui plans capital raise of up to 1 billion euros – Handelsblatt – Reuters UK

Tui is planning a capital increase of between 700 million and 1 billion euros ($829 million-$1.2 billion), as the London-listed travel company looks to ride out the coronavirus-linked travel slump, Handelsblatt reported on Wednesday.

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