TUI Group’s potential London delisting would spell further bad news for the UK’s main stock exchange, but the move could benefit the company as it continues to recover from its pandemic lows.
On 6 December, the Hanover-based company said it was considering whether to move its listing out of the London Stock Exchange after recently being approached by "certain" shareholders to discuss and understand whether the current listing structure is "optimal and advantageous". One of Europe's largest tour operators, TUI has had a dual listing in both London and Frankfurt ever since its formation through the merger of the British tour operator TUI Travel and its German parent company, TUI AG, in 2014. Currently a member of the FTSE 250, TUI said it was seeking to understand if a simp...
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