logo
Share SHARE
FONT-SIZE Plus   Neg

Report: Thomas Cook's Indian Unit Gets Buyout Bids

Thomas Cook Group Plc (TCG.L) is getting interest from buyout firms including Carlyle Group LP and KKR & Co. (KKR) for its Indian currency-exchange business, the Sunday Times reported.

As many as 10 bidders are vying for the unit, which has a market value of 167 million pounds, according to the newspaper.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Even after two years of thoroughly searching across the Indian Ocean, using modern technologies and devices, there is no clue about the Malaysian airline that vanished on March 8, 2014. Internet access is growing worldwide, but there is still a long way to go before the entire world is completely wired, a study from the Pew Research Center has found. The study also noted that men have greater access to the Internet than women in many nations. Backtracking on its early announcements on digital privacy, WhatsApp is planning to share member information, phone numbers and analytical data with Facebook, to make revenue from the platform.
comments powered by Disqus
Follow RTT