TUI AG acquired 50% stake in Punta Zlatarac Tucepi d.o.o. from Hoteli Tucepi d.d. for an enterprise value of 31.5 million.
TUI AG acquired 50% stake in Punta Zlatarac Tucepi d.o.o. from Hoteli Tucepi d.d. (ZGSE:HTCP) for an enterprise value of 31.5 million on November 10, 2017. The enterprise value of 31.5 million includes debt of Punta Zlatarac Tucepi d.o.o. Sunce Koncern d.d., parent of Hoteli Tucepi d.d., will use the proceeds from the deal to refinance existing debts.
TUI AG (XTRA:TUI1) completed the acquisition of 50% stake in Punta Zlatarac Tucepi d.o.o. from Hoteli Tucepi d.d. (ZGSE:HTCP) on November 10, 2017.