FTI GROUP Companies File for Insolvency Following Talks with Investors

Companies of the FTI GROUP File for Insolvency

On Monday, June 3, 2024, FTI Touristik, a subsidiary of the FTI GROUP, filed for insolvency. This news comes after the FTI GROUP held talks with investors in an attempt to secure fresh capital to implement its corporate strategy.

The German Market and FTI GROUP

The German market is the strongest source market for the FTI GROUP. The company has been facing financial difficulties for several months, and the insolvency filing is a significant development.

FTI Group's Investor Talks

The FTI GROUP has been in talks with investors in an attempt to secure fresh capital. A consortium led by Certares entered into an investment agreement with the FTI GROUP. According to the agreement, the investor will deploy fresh capital to further invest in FTI.

FTI Consulting's SEC Filings

FTI Consulting Inc. (FCN) is a global business advisory firm dedicated to helping organizations manage change, mitigate risk, and resolve disputes. You can search and download FTI Consulting's most recent and historical SEC filings and current reports on the company's website.