(Adds CFO comments on Hapag Lloyd financing, CEO comments on possible acquisitions in tourism)

FRANKFURT (Thomson Financial) - TUI AG is currently not in talks to merge its Hapag-Lloyd container shipping unit with Temasek Holding's Neptune Orient Lines (NOL), chief executive Michael Frenzel said.

"There are no talks with NOL," Frenzel said.

"But we are open to the company and are waiting to see whether there will be concrete talks."

TUI yesterday said its supervisory board has decided to split Hapag-Lloyd from the rest of the company. TUI said it will examine all options for Hapag-Lloyd, including a spin-off, merger or sale to an investor.

Media reports previously said NOL is interested in Hapag-Lloyd and may offer as much as 6-7 bln usd for the world's fifth-biggest shipping line.

(AFX UK Focus) 2008-03-12 09:02 GMT: Mota Engil FY rises to 97.5 mln eur on one-offs; bottom end of estimates UPDATE

(Adds revenue by division, net financial loss, net debt, dividend proposal)

LISBON (Thomson Financial) - Mota Engil SGPS said net profit surged 202.2 pct to 97.53 mln eur in the full-year to Dec 31 from a year earlier, boosted by a 67.4 mln eur capital gain from the IPO of Martifer SGPS, but came in at the bottom end of estimates of 95.6-108 mln eur.

Mota Engil said in a statement net profit was also boosted by the consolidation of the Tertir Group and the Aenor Group acquisitions as well as the first-time consolidation of the group's transport concessions unit.

"Thus, despite a reduction in the activity of engineering and construction, the group recorded a meaningful growth rate," it said.

Full-year EBITDA rose to 248.4 mln eur from 141.59 mln a year earlier, also coming in at the bottom end of analysts estimates of 248-250 mln eur.

(AFX UK Focus) 2008-03-26 11:13 GMT: Madrid shares lower midday on profit-taking in blue chips; BME, Inditex gain

MADRID (Thomson Financial) - Share prices were lower in quiet midday trading amid light profit-taking in blue chips like Santander and Telefonica, while BME benefited from an upbeat Citigroup note and Inditex gained ahead of full-year results due Monday.

At 11.44 am, the IBEX-35 index shed 46.7 points to 13,387.50, after trading in a range of 13,338-13,426.

Equities opened lower after a mixed overnight close on Wall Street and losses in Tokyo, and remained in the red over the morning as investors locked in profits amid a lack of fresh leads before further key US housing data this afternoon.

"Trading is particularly dull today," a salesman at a leading Spanish brokerage said.

"Players are waiting for US housing data later today, but the downturn in the US housing market is already priced in, so unless there's a big surprise in the figures we're not expecting a major impact," he noted.