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Home Icon > About Us > News > TUI Completes Sale of Hapag-Lloyd Cruises to Joint Venture

TUI Completes Sale of Hapag-Lloyd Cruises to Joint Venture

Germany-based TUI Group has completed the sale of its subsidiary Hapag-Lloyd Cruises to TUI Cruises, a joint venture which TUI has with Royal Caribbean. TUI Group agreed to the sale in February for an enterprise value estimated at 1.2 billion euros. All approvals including merger clearance by the EU commission have now been fulfilled. TUI […]

WP_Post Object ( [ID] => 227083 [post_author] => 5 [post_date] => 2020-07-09 15:52:43 [post_date_gmt] => 2020-07-09 15:52:43 [post_content] => Germany-based TUI Group has completed the sale of its subsidiary Hapag-Lloyd Cruises to TUI Cruises, a joint venture which TUI has with Royal Caribbean. TUI Group agreed to the sale in February for an enterprise value estimated at 1.2 billion euros. All approvals including merger clearance by the EU commission have now been fulfilled. TUI […] [post_title] => TUI Completes Sale of Hapag-Lloyd Cruises to Joint Venture [post_excerpt] => Germany-based TUI Group has completed the sale of its subsidiary Hapag-Lloyd Cruises to TUI Cruises, a joint venture which TUI has with Royal Caribbean. TUI Group agreed to the sale in February for an enterprise value estimated at 1.2 billion euros. Al... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => tui-completes-sale-of-hapag-lloyd-cruises-to-joint-venture [to_ping] => [pinged] => [post_modified] => 2020-07-09 15:52:43 [post_modified_gmt] => 2020-07-09 15:52:43 [post_content_filtered] => [post_parent] => 0 [guid] => https://gcaptain.com/?p=141072 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )