Quisty10 Jul 2019 14:43
Here we go again , you say the break up of tcg and the sale to fosun, tcg decided to change their business model with a new strategy which involves selling off the airlines to go into the hotels more and get more profit.
This action has not been forced on them by anyone, they have not put the travel side of the business up for sale to fosun it's Fosun that has seen the potential of the business worldwide and has decided to try and buy it from tcg. So the price should not be a knock down price at all in fact it could be a very good price in total.
After the sale of any / all the airlines and with debt paid down by some or all the rest of the business should be in a much better state. soon all will be known.