Thomas Cook Agrees To Terms For Fosun Capital Injection

Credit: Rob Finlayson
Leisure travel specialist Thomas Cook has agreed to the key commercial terms for a £900 million ($1.1 billion) recapitalization, which will include ownership changes at the group’s airline unit. Updating the markets on Aug. 28, Thomas Cook said it had reached “substantial agreement” on key...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.