China's Fosun Tourism Group said on Friday it would acquire the Thomas Cook...
FILE PHOTO: People walk past a closed Thomas Cook travel agents store near Manchester, Britain, October 9, 2019. REUTERS/Phil Noble
The assets include trademarks, domain names, software applications and licenses of the British travel firm and related hotel brands, Hong Kong-listed Fosun said, adding that it did not plan to buy overseas assets or businesses related to Thomas Cook for the time being. Thomas Cook, the world’s oldest travel firm, collapsed in late September succumbing to heavy debt, built up by a series of ill-fated deals, that hobbled its response to nimble online rivals.
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