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Cosmos Takeover

Old 19th Aug 2001, 18:09
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Post Cosmos Takeover

Rumour on the apron who`s buying Cosmos?
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Old 19th Aug 2001, 22:43
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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.
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Old 20th Aug 2001, 12:10
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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..."
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Old 21st Aug 2001, 15:13
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Is it to be Thomas Cook AG???
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