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China's Fosun Tourism Group to buy Thomas Cook for £11 million after collapse

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China's Fosun Tourism Group to buy Thomas Cook for £11 million after collapse

Fosun Tourism Group has entered into an agreement with Thomas Cook Group PLC to acquire the brand, and the hotel brands Casa Cook and Cook’s Club for a total consideration of £11 million, as Fosun looks to expand its tourism business. The assets include trademarks, domain names, software app...

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