FRANKFURT Feb 13 Travel group TUI said
it had agreed to sell its specialist holiday arm Travelopia to
KKR at an enterprise value of 325 million pounds ($407
It said late on Monday that it would invest proceeds from
the deal into the transformation of its business, adding that
the sale had no impact on its full-year profit guidance.
TUI had put Travelopia, comprised of over 50 brands offering
specialist luxury, adventure and education holidays, on the
block in September.
($1 = 0.7984 pounds)
(Reporting by Maria Sheahan; Editing by Georgina Prodhan)