Thomas Cook in talks with Fosun on tour business unit sale

Thomas Cook

Thomas Cook Plc. said it is in talks with Fosun International Limited on the possibility of selling off its tour business.

The company said in a statement that:

There can be no certainty that this approach will result in a formal offer. However, the Board will consider any potential offer alongside the other strategic options that it has, with the aim of maximizing value for all its stakeholders.

The Company will make a further announcement as appropriate.