RE: Sky news23 May 2019 21:19
Fosun could be the jewel in the crown, with at least 18% ownership possibly 20% I read, Fosun needs Thomas Cook to get rid of at least a portion of the European airlines, if it can do that then it can take over the whole of TCG, until then it would be against European regulation to do so, selling the airline is key, not just for debt re-structuring but for a takeover bid.
TCG will have a difficult few days I think, I was out by 24hrs on the 13p estimate, this is going to be a bit of a roller coaster ride and certainly not for the faint hearted, but for those who have balls of steel this may prove to be a whopper of a trade