Thomas Cook Enlists China's Fosun to Salvage Oldest Travel Firm

Thomas Cook Enlists China's Fosun to Salvage Oldest Travel Firm

Thomas Cook Enlists China’s Fosun to Salvage Oldest Travel Firm

Thomas Cook is negotiating a 750 million pound ($941 million) rescue that will give Fosun Tourism, its biggest investor, control of the indebted British group’s package-tour business, in a blow to other shareholders.

Read More…