PPRuNe Forums - View Single Post - Thomas Cook
Thread: Thomas Cook
View Single Post
Old 23rd Dec 2006, 08:53
  #1 (permalink)  
Mr @ Spotty M
 
Join Date: Aug 2000
Location: EGGW
Posts: 2,112
Likes: 0
Received 0 Likes on 0 Posts
Post Thomas Cook

It was announced yesterday that KarstadtQuelle AG has brought the 50% that Lufthansa owned in Thomas Cook AG, for €800 million.
The same time Lufthansa is increasing it's share in the airline Condor to 24.9%, which KarstadtQuelle can buy back in two years.
This might now make Thomas Cook the favourite in the sale of parts of the First Choice group.
Mr @ Spotty M is offline