Thomas Cook Group buys businesses in India and Middle East

Thomas Cook Group has announced it is to buy a 75% stake in Thomas Cook India Limited and 100% of Thomas Cook branded businesses in Egypt.

The group, which  is also acquiring licences for the Thomas Cook brand in 15 Middle East countries, is purchasing the businesses from Dubai Financial Group LLC for a total cash consideration of between €208m and €249m.

More to follow.


 

Middle East: A nose for adventure

A nose for adventure

Tamara Hinson reports from a Faremine fam trip to Dubai
Read More »

Indian Ocean: Oceans of Savings

Oceans of Savings

There are bargains to bag in the Indian Ocean, finds Jo
Read More »

Abu Dhabi: Save, spend, splurge

Save, spend, splurge

David Whitley checks in to check out the emirate’s hotels
Read More »

Indian Ocean: Mamma Maldives

Mamma Maldives

Famous for honeymoons, but also fantastic for families
Read More »

Bulgaria: Sunny side up

Sunny side up

Get the lowdown on Bulgaria’s most popular resort from Katie
Read More »