Thomas Cook close to unveiling rescue deal with Fosun for tour operating business - Sky News
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(Reuters) - Thomas Cook Group is in advanced talks about a deal with Fosun Tourism and its lenders to recapitalise its tour operating business, Sky News reported on Thursday.The world's oldest travel company could announce the deal as soon as Friday morning, Sky News reported http://bit.ly/2xIoqoS.The report cited bankers as saying that under the outline of the proposed deal, Fosun and Thomas Cook's lenders would inject hundreds of millions of pounds of new equity and debt into the company...