Fosun Tourism Group (SEHK:1992) agreed to acquire 75% Stake in Tour Operating Business and 25% stake in Airline Business from Thomas Cook Group plc (LSE:TCG) for £450 million on August 28, 2019. The execution of the transaction remains subject to a legally binding agreement and subject to the receipt of anti-trust approvals. Tim Lewis of Clifford Chance acted as legal advisor to Fosun Tourism.
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
3.56 HKD | -2.20% |
|
-1.11% | -38.51% |
![Consensus](/images/consensus_flch.gif)
EPS Revisions
Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-38.51% | 572M | |
+41.44% | 7.83B | |
+8.71% | 1.15B | |
-3.01% | 1.12B | |
+14.82% | 1.05B | |
-3.81% | 247M | |
-7.30% | 215M | |
+4.61% | 172M | |
-17.54% | 155M | |
-9.09% | 155M |
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- Fosun Tourism Group agreed to acquire 75% Stake in Tour Operating Business and 25% stake in Airline Business from Thomas Cook Group plc for £450 million.