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Fosun acquires a 5% stake in Thomas Cook

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Fosun acquires a 5% stake in Thomas Cook

On March 6, Thomas Cook Group announced that Fosun International, a Chinese investment group, bought a 5% stake in the company by investing £91.8 million for the issue of 73,135,777 new Thomas Cook ordinary shares. Fosun also intends to purchase further Thomas Cook shares over time on the open mark...

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