Fosun Moving Forward on Thomas Cook Offer After Exec Drops Hint
Photo Credit: SENTIDO Carda Beach Atlantica in Greece is one of the destinations where Thomas Cook book tours, a business that Fosun looks to be keen to take over. Thomas Cook Group
Skift Take
You heard in Singapore first. The CEO of the Fosun Tourism Group did not deny the company was moving ahead with a larger play for Thomas Cook at Skift Forum Asia. Keep your eyes peeled for what would be one of travel's biggest deals of 2019.
Fosun, the Chinese conglomerate that owns Club Med, is preparing to make an offer for the majority of British travel giant Thomas Cook.
The news, first reported by Sky News, comes less than two weeks after Qian Jiannong, the CEO of the Fosun Tourism Group, hinted at Skift Forum Asia on May 27 that a deal is possibly in the works. When pressed on whether Fosun, which is Thomas Cook's larg
