Date: Tuesday 22 May 2012
Thomas Cook, the struggling package tour operator, has sold its 77% stake in Thomas Cook India to a subsidiary of the financial services firm Fairfax Financial Holdings. The sales will net Thomas Cook around £94m and is equivalent to 50 rupees per share, which the firm said was a premium of 11% to the market price immediately prior to the announcement of the auction process. The disposal is part of the group's ongoing plans to reduce debt and strengthen its ailing financial position.
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No recent information was found.
| Currency | UK Pounds |
| Share Price | 397.50p |
| Change Today | 0.000p |
| % Change | 0.00 % |
| 52 Week High | 620.00 |
| 52 Week Low | 397.50 |
| Volume | 0 |
| Shares Issued | 15.21m |
| Market Cap | £60.47m |
| RiskGrade | 144 |
| Value |
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| Price Trend |
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| Income | ![]() |
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| Growth |
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| Strong Buy | 0 |
| Buy | 0 |
| Neutral | 1 |
| Sell | 0 |
| Strong Sell | 0 |
| Total | 1 |

| No dividends found |
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