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TUI Travel turns to Barclays and BofA in broker rejig

The FTSE 250 travel company has dropped corporate brokers Deutsche Bank and Jefferies after five years

TUI Travel, the FTSE 250 travel company with a market capitalisation of £2.5bn, has hired Barclays and Bank of America Merrill Lynch as corporate brokers, dropping Deutsche Bank and Jefferies from its roster.

The change in brokers ends a five-year spell for Jefferies and Deutsche Bank on the mandate.

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