Thomas Cook India
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(Reuters) - Canada's Fairfax Financial Holdings Ltd will buy Thomas Cook Group Plc's 77 percent stake in its India operations for about $150 million (94.78 million pounds), as the UK holiday firm continues to pay down its debt. Property and ...
May 21, 2012 at 22:20 | Source: The Guardian
Thomas Cook, the embattled tour operator, has agreed to sell its subsidiary in India for £94m in the latest of a series of restructuring moves to reduce its £1.29bn net debt. The company said that it agreed a price of Rs8,174m (£94m) with privately ...
May 22, 2012 at 16:29 | Source: Financial Times
Canada's Fairfax Financial Holdings will buy Thomas Cook Group Plc's 77% stake in its India operations for about USD 150 million, as the UK holiday firm continues to pare down its debt. Property and casualty insurer Fairfax's unit Fairbridge ...
May 21, 2012 at 22:49 | Source: MoneyControl.com
LONDON (Reuters) - Thomas Cook on Thursday said current Premier Farnell boss Harriet Green would succeed Sam Weihagen as chief executive of the debt-laden tour operator at the end of July. Green has been chief executive of British electronic parts ...
May 24, 2012 at 06:39 | Source: in.news.yahoo.com
TORONTO, ONTARIO — Fairfax Financial Holdings Limited ("Fairfax") (TSX:FFH)(TSX:FFH.U) announced today that, through its Fairbridge Capital subsidiary, it has entered into an agreement with Thomas Cook Group plc ("Thomas Cook") in the United ...
May 21, 2012 at 21:52 | Source: msnbc.com
Holiday firm Thomas Cook sold its Indian subsidiary to a Canadian investment house yesterday, raising £94 million to help pay off its debts. Fairfax Financial Holdings will buy the British firm’s 77 per cent holding in the business and will retain the ...
May 22, 2012 at 23:02 | Source: scotsman.com
Thomas Cook India is trading higher by 2.2% at Rs 62.04, bouncing back 17% from intra-day low of Rs 53.40 after Fairbridge Capital (Mauritius) made an open offer to acquire additional 52 million shares at a price of Rs 65.48 per share. “On May 21 ...
May 22, 2012 at 03:57 | Source: Business Standard
Mumbai, May 14, 2012: Thomas Cook (India) Ltd, India’s largest integrated travel and travel related financial services company, has introduced Thomas Cook Representatives (Man On Spot), who will be based in Thailand, Malaysia, Singapore and Hong Kong to ...
May 14, 2012 at 17:21 | Source: Mynews India
Thomas Cook, hit by the civil unrest in North Africa last year ... During her time at Premier Farnell, she pushed the company into high growth markets such as China, India and Eastern Europe, while her drive on e-commerce means it now accounts ...
May 24, 2012 at 11:54 | Source: Reuters
Thomas Cook India Ltd (TCIL) had gross assets of Rs 932.7 crore and net assets of Rs 392.3 crore as on December 31, 2011 and generated net profit of Rs 56.24 crore for the 12 months ending December 31, 2011, it added. "The current TCIL management team will ...
May 22, 2012 at 09:33 | Source: MSN India