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Thomas Cook sells majority stake to Fosun Tourism Group

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Thomas Cook sells majority stake to Fosun Tourism Group

Fosun Tourism Group, the largest stakeholder of Thomas Cook Group will contribute £450 million to the group and acquire 75% of the tour-operator business and 25% of the airlines unit. The deal will include Fosun's affiliates, the company's core lending banks and a majority of the company's 2022 ...

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