Investors fret over Frederiksen's €520m TUI sale

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Investors fret over Frederiksen's €520m TUI sale

TUI
Hannover, DEU, 04.04.2005. Econsense China Tagung bei TUI AG in Hannover [ (c) Christian Wyrwa, Kleine Pfahlstr.6, D-30161 Hannover, Germany, E-Mail: info@wyrwa-foto.de oder cwyrwa@aol.com Tel: +49-511-3945254, Fax:+49-511-1233545, Mobil: +49-171-8340094, 7 % MwSt, St.Nr.: 24/1490/3400, Bankverbindung: Konto: 20068336, BLZ 25050180, Sparkasse Hannover, IBAN: DE43250501800020068336; BIC: SPKHDE2HXXX:, Jegliche Verwendung ausserhalb einer journalistischen bedarf einer gesonderten Freigabe. Dieses Lichtbildwerk ist gesetzlich geschuetzt. Nachdruck, Veroeffentlichung und Verwendung nur gegen Honorar, Belegexemplar und Autorennennung.: "Foto: Christian Wyrwa" , www.freelens.com/clearing/, kein Modelrelease vorhanden, no modelrelease] [#0,26,121#] | (FREELENS Pool) Wyrwa/Christian Wyrwa

Monterey, a fund owned by John Frederiksen, struggled to sell a €520m stake in German holiday firm TUI AG on Wednesday evening, with investors fretting about the Norwegian billionaire's reasons for cutting his stake.

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