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To complete Sterling Holiday deal by year-end: Thomas Cook

Madhavan Menon also says that Ikya has worked out as an excellent acquisition. He expects Ikya to contribute more to company‘s profits and continue growing, led by policy changes.
To merge Sterling Holiday with arm: Thomas Cook MD

The combined value of the two organisations will exceed about Rs 3,000 crore, said Madhavan Menon.
Sterling likely to get Rs 187 cr via preferential issue

Sterling expects to get around Rs 187 crore through preferential issue which will be around 23.2 percent.

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