Fosun
It is imperative to clarify that the reported sale of the Global Thomas Cook brand to Fosun of China does not include the regions of India, Sri Lanka and Mauritius, Thomas Cook India Chairman and Managing Director Madhavan Menon said in a statement.
Thomas Cook India not part of brand's global sale to China's Fosun: CMD
03 Nov 2019 4:52 PM

The brand for India, Sri Lanka and Mauritius and continues to be protected for exclusive use by Thomas Cook India Ltd.

Hong Kong-listed Fosun, which was already the biggest shareholder in Thomas Cook and also owns France-based resort giant Club Med, had backed out of the eleventh hour deal to keep the debt-plagued company afloat.
Fosun buys Thomas Cook brand for 11 million pounds
02 Nov 2019 1:49 PM

Thomas Cook declared bankruptcy in September after an attempt to secure USD 250 million from private investors fell through.

  • « First
  • « Previous
  • 1
  • Next »
  • Last »

1 of 1