China’s Fosun considers US$940 million bailout of ailing Thomas Cook
Having announced back in June that China’s Fosun Travel Group, part of Fosun International Ltd. (Fosun), had expressed an interest in acquiring the U.K.’s Thomas Cook Group Plc. (Thomas Cook), the world’s oldest travel agency, it has now been confirmed that Fosun, a drugs-to-insurance conglomerate owned by billionaire entrepreneur Guo Guangchang may consider providing the […]
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