Welcome Notice

Hello and welcome to Molineux Mix a forum for Wolves fans by Wolves fans.

Register Log in

FOSUN to sell Thomas Cook

purplepault69

Just doesn't shut up
Joined
Sep 5, 2007
Messages
3,612
Reaction score
1,974
(Reuters) - Chinese tourism group Fosun is in advanced talks to sell its Thomas Cook brand to Polish online travel agent eSky, Sky News reported on Monday, citing sources.

A deal with eSky, which is majority-owned by private equity firm MCI Capital, could be reached in coming weeks, according to the report.
Fosun and eSky did not immediately respond to Reuters' request for comment.

Thomas Cook, the world's oldest travel firm, collapsed in 2019 after it failed to finalise a restructuring plan, stranding over 100,000 passengers and leaving many without jobs.

Fosun, which was the largest shareholder of Thomas Cook when it was publicly listed, bought the business for 11 million pounds after it collapsed.
 
Back
Top Bottom