14 Aug 2012 10:25
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14 August 2012
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Thomas Cook Group plc
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Thomas Cook India sale completes, generating net proceeds of ยฃ87m
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Thomas Cook Group plc announces that the disposal of its interest in Thomas Cook (India) Limited to Fairbridge Capital (Mauritius) Limited has now completed, following shareholder approval on 9 August 2012. The transaction was originally announced on 21 May 2012.
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The transaction has generated net proceeds of c.ยฃ87m and, as agreed under the terms of the facilities agreement, these will be used to reduce the net debt of the Group.
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Enquiries
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Thomas Cook Group plc
Investor Relations +44 (0) 20 7557 6413
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Finsbury
Faeth Birch +44 (0) 20 7251 3801
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