Pedestrians walk past a branch of a Thomas Cook travel agent's shop in London on July 12, 2019. - China's Fosun Group is considering nearly a billion dollar rescue of embattled British tour operator Thomas Cook, the Hong Kong-listed conglomerate confirmed Friday.
“The agreement will see Hays Travel acquire a total of 555 stores around the UK, providing re-employment opportunities for a significant number of former employees of Thomas Cook’s retail operations who were made redundant,” the statement added. Britain’s government on Monday completed the country’s biggest peacetime repatriation, returning 140,000 UK-based Thomas Cook customers stranded abroad by the company’s bankruptcy.
In total, around 600,000 customers were left stranded following the collapse of the 178 year-old company less than three weeks ago, including around 140,000 who had been due to return to Germany.For more news your way, download The Citizen’s app for
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