Potential bidders circle Thomas Cook as it hires turnaround specialist
China’s Fosun is among number of groups interested in buying all or part of holiday operatorThomas Cook, Britain’s oldest package holiday operator, could be split up in a takeover that may lead to its high street stores and package deals being bought by a Chinese conglomerate.The company, which is struggling with a fall in demand for package holidays and fierce online competition, is being circled by potential bidders after a string of profits warnings and an 80% drop in its share pr
Read more »