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Thomas Cook Group plc (TCG.L)

TCG.L on London Stock Exchange

90.50GBp
24 Mar 2017
Change (% chg)

1.10 (+1.23%)
Prev Close
89.40
Open
89.35
Day's High
91.05
Day's Low
88.90
Volume
3,830,745
Avg. Vol
5,150,294
52-wk High
97.00
52-wk Low
52.60

Latest Key Developments (Source: Significant Developments)

Co-op Group to exit from travel JV with Thomas Cook Group
Tuesday, 6 Dec 2016 02:03am EST 

Co-operative Group Ltd <42TE.L> : Exit from travel joint venture . Has served notice to exit joint venture that was set up with Thomas Cook Group in 2011 . Under agreement co-op will receive 50 mln stg plus interest in return for its shares in joint venture by Nov. 30, 2017 . A payment schedule has also been agreed for guaranteed minimum dividend of 31.9 mln stg, with 20 mln stg due on Jan. 3, 2017 and remainder on April 3, 2017 .Interest will be payable on both instalments.  Full Article

Electra Private Equity appoints Gavin Manson as CFO
Friday, 22 Jul 2016 02:00am EDT 

Electra Private Equity Plc : Appointment of chief financial officer . Gavin Manson has been appointed to new role of chief financial officer with effect from Aug. 8 2016 .Manson is currently finance director for Thomas Cook Group's tour operations and hotels and resorts division.  Full Article

Guangchang's stake in Thomas Cook crosses 7 pct - filing
Friday, 3 Jun 2016 10:12am EDT 

Thomas Cook Group Plc :Guo Guangchang's stake in Thomas Cook Group Plc crosses 7 pct - regulatory filing.  Full Article

Thomas Cook announces bond buy back program
Thursday, 19 May 2016 08:56am EDT 

Thomas Cook Group Plc : Authorised bond buy back programme to be managed by merrill lynch, dnb markets, and lloyds bank .To purchase notes in an aggregate principal amount up to £100 million from merrill lynch international and lloyds bank plc.  Full Article

Thomas Cook Group PLC and Fosun announce joint venture
Monday, 15 Jun 2015 02:00am EDT 

Thomas Cook Group PLC:Has entered into an agreement with Fosun International Ltd ("Fosun").To establish joint venture to develop domestic, inbound and outbound tourism activities for the Chinese market under Thomas Cook brands.Joint venture will be 51% owned by Fosun and 49 pct by Thomas Cook.Joint venture will combine Thomas Cook's brand heritage, know-how and expertise in international travel with Fosun's in-depth local market knowledge and operational resources, enabling Thomas Cook to benefit from direct exposure to China's growing demand for leisure travel.  Full Article

More From Around the Web

Fitch Revises Thomas Cook Outlook to Positive; Rating Affirmed

(The following statement was released by the rating agency) LONDON, February 24 (Fitch) Fitch Ratings has revised Thomas Cook Group Plc's (TCG) Outlook to Positive from Stable. The Long-Term Issuer Default Rating (IDR) is affirmed at 'B'. Fitch has also affirmed the senior unsecured rating at 'B+'/'RR3' for the notes issued by TCG and Thomas Cook Finance plc. The positive outlook reflects TCG's improving business profile, which over the years has demonstrated increasing resilience to extern