Tui Travel: What You See Is Not What You Get – Short Pitch

In 2014, two of the world’s largest travel companies announced that they had agreed to terms on a merger. London-based TUI Travel announced that it was merging with TUI AG, its European counterpart to create the world’s largest tour operator with over 30 million customers in hundreds of countries. The companies initially hoped to achieve €170m of costs savings and tax benefits as well as streamlining its cumbersome holding structure. Q1 hedge fund letters, conference, scoops etc For more up-to-date hedge fund content, and exclusive access to value-focused hedge fund managers, check out ValueWalk’s exclusive value newsletter, Hidden Value Stocks. In…