TUI confirms time is right to get out of Hapag-Lloyd

摘要

Hapag-Lloyd's minority shareholder Tui Ag has announced that the time is right for it to start selling some of its 49.8% share of Hapag-Lloyd now that the carrier has returned to profitability. After discussions with the Albert Ballin Group, the owner of the remaining 50.2%, it has been decided to commence preparations for a stock exchange listing through the investment banks Credit Suisse, Goldman Sachs and Greenhill.