Cosmos Takeover

[sr007]

Rumour on the apron who`s buying Cosmos?
:confused: :eek:

[Lou Scannon]

Asking 10 million for something that makes an annual loss of 1 million could be a tad optimistic. If they want someone like Airtours of First Choice to buy they would have to pay a premium not collect some cash.
I hear that one of the investment groups may be interested.

[jshg]

From the Mail On Sunday yesterday :
" A deal with unnamed venture capitalists is now more likely & could be struck within 3 months. If the bid succeeds,the new owners would restructure Cosmos.....With the right team,it could grow substantially in the next few years..."

[micrho]

Is it to be Thomas Cook AG??? :D