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TUI Raising $1.9 Billion to Settle Corona State Aid Debt
TUI is closer to settling the substantial financial aid it received from German authorities during the pandemic. TUI chief financial officer Mathias Kiep said the company made an important step back to profitability by launching its intended $1.9 billion capital raise in a LinkedIn post on Friday, 24 March. "On the back of our strong operational recovery and following…
Selene Brophy | 2 weeks ago