TUI calls in Greenhill to map bid defence

Greenhill, the US-listed corporate finance house, has landed its first role advising TUI, Europe's largest travel group, on a defence strategy against potential hostile attacks.

Morgan Stanley raised its stake in the company last week to 10.1% with no explanation of intentions and WestLB, the German bank unwinding non-core assets has had its 31% stake in TUI up for sale for a year.

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Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on ItExternal link

Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on It