In the context of the dispute on the forwarding of booking data, TUI Deutschland GmbH (TUI), RT / Raiffeisen Touristik Group GmbH (RTG) and Raiffeisen-Tours RT-Reisen GmbH (RTK) have reached a settlement agreement. The parties thereby restructure their legal relations and settle the disagreements.
As part of the settlement, TUI will sell its 25.1% stake in RTK to RTG. At the same time, TUI will acquire the shares in TRAVELStar GmbH from RTK. The agreement is still subject to the approval of the German Federal Cartel Office.
EGO HUMRICH WYEN acted as lead counsel to RTG in the negotiations with TUI.
Contact information:
Dr. Henrik Humrich
EGO HUMRICH WYEN
Unterer Anger 19, 80331 München
+49 (0) 89-12 50 10 30