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.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
4.39 HKD | -5.39% | +3.78% | -24.18% |
04-26 | Fosun Tourism Group Enters into Framework Agreement with Fosun International | CI |
04-23 | Fosun Tourism Logs 16% Jump in Q1 Business Volume | MT |
EPS Revisions
Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-24.18% | 739M | |
+59.73% | 9.29B | |
+13.16% | 1.23B | |
-3.12% | 1.12B | |
+7.39% | 973M | |
-34.26% | 762M | |
-4.76% | 247M | |
+7.24% | 178M | |
-14.93% | 159M | |
-6.93% | 160M |
- Stock Market
- Equities
- 1992 Stock
- News Fosun Tourism Group
- 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.