Watch the latest episode of focusIR Fireside Chats: Why Edinburgh Investment Trust Is Backing Turnaround Stocks for 2026 Growth. View here

Less Ads, More Data, More Tools Register for FREE

Thomas Cook India sale completes

14 Aug 2012 10:25

RNS Number : 9737J
Thomas Cook Group PLC
14 August 2012
 



14 August 2012

 

 

Thomas Cook Group plc

 

Thomas Cook India sale completes, generating net proceeds of £87m

 

 

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.

 

The transaction has generated net proceeds of c.£87m and, as agreed under the terms of the facilities agreement, these will be used to reduce the net debt of the Group.

 

 

Enquiries

 

Thomas Cook Group plc

Investor Relations +44 (0) 20 7557 6413

 

Finsbury

Faeth Birch +44 (0) 20 7251 3801

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCEANPLFALAEEF

Related Shares

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Back to RNS