Monday 18 March 2019

TUI confirms sale of majority stake in Corsair to Intro

TUI confirms sale of majority stake in Corsair to Intro:

TUI has sold its majority stake in French leisure carrier Corsair to German investment firm Intro Aviation, following through on the agreement-in-principle struck in October 2018. Intro has acquired a 53% in Corsair, says TUI, which will “initially” retain a 27% stake, while Corsair employees hold 20%. Financial details of the transaction have not been […]

source http://www.ncairways.co/aviation/tui-confirms-sale-of-majority-stake-in-corsair-to-intro/

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