Fosun International, China’s largest closely held conglomerate, agreed on Friday to acquire a 5% stake in Thomas Cook for £91.9m, pledging to remain a “long-term strategic shareholder” in the FTSE 250-quoted travel company.
PressDigest
Fosun snaps up 5% stake in Thomas Cook for £92m
Fosun International, China’s largest closely held conglomerate, agreed on Friday to acquire a 5% stake in Thomas Cook for £91.9m, pledging to remain a “long-term strategic shareholder” in the FTSE 250-quoted travel company.
