Wikiposts
Search
Rumours & News Reporting Points that may affect our jobs or lives as professional pilots. Also, items that may be of interest to professional pilots.

Cosmos Takeover

Thread Tools
 
Search this Thread
 
Old 19th Aug 2001, 18:09
  #1 (permalink)  
Thread Starter
 
Join Date: Jul 2001
Location: Manchester, UK
Posts: 5
Likes: 0
Received 0 Likes on 0 Posts
Post Cosmos Takeover

Rumour on the apron who`s buying Cosmos?
sr007 is offline  
Old 19th Aug 2001, 22:43
  #2 (permalink)  
 
Join Date: Sep 1999
Location: The Deep South (Sussex)
Posts: 783
Likes: 0
Received 0 Likes on 0 Posts
Post

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.
Lou Scannon is offline  
Old 20th Aug 2001, 12:10
  #3 (permalink)  
 
Join Date: Aug 1998
Location: UK
Posts: 105
Likes: 0
Received 0 Likes on 0 Posts
Post

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..."
jshg is offline  
Old 21st Aug 2001, 15:13
  #4 (permalink)  
 
Join Date: Aug 2001
Location: U.K.
Posts: 1
Likes: 0
Received 0 Likes on 0 Posts
Post

Is it to be Thomas Cook AG???
micrho is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.