ZCZC
BFF-09
CHINA-BRITAIN-TRAVEL-LEISURE-THOMASCOOK
Top shareholder Fosun ‘disappointed’ over Thomas Cook collapse
SHANGHAI, Sept 23, 2019 (BSS/AFP) – China’s Fosun Group, the largest
shareholder in British travel firm Thomas Cook, on Monday expressed “regret
and disappointment” over failed efforts to save the London-based company from
bankruptcy.
“Fosun is disappointed that Thomas Cook Group has not been able to find a
viable solution for its proposed recapitalisation with other affiliates, core
lending banks, senior noteholders and additional involved parties,” Fosun
said in a statement to AFP.
BSS/AFP/MSY/0957 hrs