Thomas Cook

China's Fosun buys 5 percent stake in British travel group Thomas Cook

China's Fosun International (0656.HK) has bought a 5 percent stake in Thomas Cook Group (TCG.L), deepening its foray into Europe's tourism sector and potentially helping the British company to compete with travel leviathan TUI Group (TUIT.L)

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Thomas Cook sells foreign exchange unit

England-based Thomas Cook's chief executive Harriet Green announced the sale of its foreign exchange unit to Moneycorp, a rival backed by the Royal Bank of Scotland.

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