Travel
Tourism
Germany
Spain
Hotels
Joint
Venture
M&A Advisory
Lazard
Full Credential Description
TUI AG. Germany, Spain. Announced Date 27/05/2021. Closed Date 30/07/2021. Deal value: $1840m. Saranja, S.L., an entity of the RIU-Group takes over 49% minority stake in RIU Hotels S.A. joint venture from TUI. Industry: TUI AG is a multinational travel and tourism company.