Moneycontrol
Last Updated : Mar 13, 2018 03:40 PM IST | Source: CNBC-TV18

Started process of spinning off Quess Corp's shareholding: Thomas Cook

Thomas Cook India in focus today as the company has met with investors to discuss the company's growth and strategies for the year ahead. In an interview to CNBC-TV18, Madhavan Menon, Chairman & MD of the company spoke at length about the same.

CNBC TV18 @moneycontrolcom

Thomas Cook India in focus today as the company has met with investors to discuss the company's growth and strategies for the year ahead. In an interview to CNBC-TV18, Madhavan Menon, Chairman & MD of the company spoke at length about the same.

Menon said that we have started the process of spinning off Quess Corp's shareholding.

He further said that restructuring will free up both Thomas Cook’s and Quess' growth trajectories.

We met analysts and investors today to demystify doubts with regards to restructuring, he added.

Therefore, the effort is to demystify shareholding pattern & different businesses, he mentioned.

For entire interview, watch accompanying video.
First Published on Mar 13, 2018 03:27 pm

tags #Business

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