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Thomas Cook Group plc (TCG.L)

TCG.L on London Stock Exchange

14.68GBp
25 Jun 2019
Change (% chg)

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14.68
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20,971,168
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114.10
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8.33

Latest Key Developments (Source: Significant Developments)

Fosun Is In Talks To Buy Thomas Cook's Tour Operating Business- Sky News
Saturday, 8 Jun 2019 07:57am EDT 

June 8 (Reuters) - :FOSUN IS IN TALKS TO BUY THOMAS COOK'S TOUR OPERATING BUSINESS-SKY NEWS TWEET.  Full Article

Thomas Cook To Close 21 UK Stores, Cut 102 Jobs
Friday, 22 Mar 2019 05:00am EDT 

March 22 (Reuters) - Thomas Cook Group plc ::ANNOUNCES NEW MEASURES TO STREAMLINE ITS UK RETAIL NETWORK.TODAY'S ANNOUNCEMENT WOULD SEE CLOSURE OF 21 STORES ACROSS COUNTRY.A FURTHER 218 STORE-BASED ROLES ARE PROPOSED TO BE REMOVED ACROSS NETWORK FOLLOWING A REVIEW OF RETAIL WORKFORCE.CLOSURES REDUCE UK RETAIL ESTATE TO 566 SHOPS.CLOSURES WOULD RESULT IN AN EXPECTED 102 CUSTOMER-FACING ROLES BEING MADE REDUNDANT.TODAY'S ANNOUNCEMENT REFLECTS "WIDER CHALLENGES SEEN ON HIGH STREET, WITH MORE AND MORE CUSTOMERS CHOOSING TO BOOK ONLINE".  Full Article

Thomas Cook Says Interim CFO's Contract End Date Replaced With 6-Mth Notice Period
Thursday, 7 Feb 2019 02:05am EST 

Feb 7 (Reuters) - Thomas Cook Group plc ::STEN DAUGAARD HAD BEEN APPOINTED AS AN EXECUTIVE DIRECTOR TO SERVE ON BOARD AS INTERIM CFO.DAUGAARD WAS INITIALLY APPOINTED FOR A ONE YEAR TERM.END DATE OF DAUGAARD'S CONTRACT TO BE REMOVED AND REPLACED WITH 6-MONTH NOTICE PERIOD.  Full Article

Thomas Cook Says Sten Daugaard Appointed As Interim CFO
Thursday, 29 Nov 2018 02:15am EST 

Nov 29 (Reuters) - Thomas Cook Group plc ::STEN DAUGAARD APPOINTED AS EXECUTIVE DIRECTOR, WITH EFFECT FROM 1 DEC., TO SERVE ON BOARD AS INTERIM CFO.  Full Article

Thomas Cook Hotel Investments Raises 40 Mln Euros To Invest In Hotels Around Mediterranean
Thursday, 18 Oct 2018 09:04am EDT 

Oct 18 (Reuters) - Thomas Cook Group plc ::THOMAS COOK HOTEL INVESTMENTS RAISES EUR 40M TO INVEST IN HOTELS AROUND MEDITERRANEAN.CO AND LMEY THROUGH THEIR JOINT VENTURE, THOMAS COOK HOTEL INVESTMENTS, HAVE SECURED EUR 40 MILLION IN FIRST TRANCHE OF DEBT FUNDING.  Full Article

April International Voyage To Become Travel Insurance Provider For Thomas Cook France
Tuesday, 25 Sep 2018 01:17pm EDT 

Sept 25 (Reuters) - APRIL SA ::APRIL INTERNATIONAL VOYAGE TO BECOME TRAVEL INSURANCE PROVIDER FOR THOMAS COOK FRANCE FOR 5 YRS.  Full Article

Thomas Cook Says Bill Scott Steps Down As CFO
Monday, 24 Sep 2018 02:02am EDT 

Sept 24 (Reuters) - Thomas Cook Group plc ::SUCCESSION PLAN FOR CHIEF FINANCIAL OFFICER.GROUP CHIEF FINANCIAL OFFICER BILL SCOTT HAS DECIDED TO STEP DOWN.NAMED STEN DAUGAARD AS GROUP CHIEF FINANCIAL OFFICER ON AN INTERIM BASIS.STEN DAUGAARD WILL JOIN COMPANY ON 1 OCTOBER 2018.  Full Article

Interserve Wins Facilities Services Contract From Thomas Cook
Thursday, 4 Jan 2018 04:05am EST 

Jan 4 (Reuters) - Interserve Plc ::INTERSERVE PLC - HAS WON A NEW CONTRACT WITH THOMAS COOK TO DELIVER FACILITIES SERVICES ACROSS THE HOLIDAY COMPANY’S UK PROPERTY PORTFOLIO.INTERSERVE PLC - FIVE-YEAR PARTNERSHIP BRINGS TOGETHER SERVICES FOR BOTH CORPORATE AND RETAIL LOCATIONS.  Full Article

Niki administrator to hold final-stage talks with four bidders for Niki assets
Friday, 22 Dec 2017 08:43am EST 

Dec 22 (Reuters) - Deutsche Lufthansa Ag ::NIKI INSOLVENCY ADMINISTRATOR SAYS TO HOLD FINAL-STAGE TALKS WITH FOUR BIDDERS FOR NIKI ASSETS, CORRECTING EARLIER STATEMENT.ADMINISTRATOR HAD SAID EARLIER THAT HE WOULD HOLD FINAL-STAGE TALKS WITH TWO BIDDERS .  Full Article

Thomas Cook Looks To Close 50 Stores As Part Of Ongoing Review
Friday, 1 Dec 2017 06:12am EST 

Dec 1 (Reuters) - Thomas Cook Group Plc ::THOMAS COOK- ANNOUNCES PROPOSAL TO CLOSE 50 STORES AS PART OF ITS ONGOING REVIEW OF ITS RETAIL NETWORK IN THE UK.THOMAS COOK - STORE CLOSURES, SHOULD PROPOSALS GO AHEAD, WOULD OCCUR BETWEEN NOW-MARCH 2018; ARE MIX OF THOMAS COOK, CO-OPERATIVE TRAVEL BRANDED STORES‍​.THOMAS COOK- STORES AFFECTED ARE EITHER IN CLOSE PROXIMITY TO OTHER STORES OR ARE LOCATED WHERE A DECLINE IN FOOTFALL HAS IMPACTED PROFITABILITY.  Full Article

PRESS DIGEST- British Business - June 26

June 26 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.