News from Travel Technology Update: The worldwide travel management scene is undergoing seismic changes as several companies split up, re-form and acquire others. TUI AG agreed to sell its business travel operations to BCD Holdings N.V., the Dutch parent company of World Travel BTI. The terms of the deal, which is subject to approval by TUI's advisory board and regulatory authorites, were not disclosed. If approved, the sale is expected to close in March. TUI's business travel activities ...

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