Chinese owner of Thomas Cook mulls sale of historic firm
Thomas Cook, the now online travel agency which has historic links to Leicester, could be about to put up for sale by its owner.
Chinese leisure giant Fosun, which also owns Wolverhampton Wanderers, is reported to be ready to be offload the brand - just three years after it rescued it from liquidation.
Sky News says that Fosun Tourism Group is in initial talks with a number of suitors over selling Thomas Cook outright, or bringing in minority share investment from an outside source.
Thomas Cook collapsed in September 2019, pu... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
