China's Fosun in advanced talks to invest $940m in Thomas Cook

China's Fosun in advanced talks to invest $940m in Thomas Cook

FILE PHOTO: The Thomas Cook logo is seen in this illustration photo January 22, 2018. REUTERS/Thomas White/Illustration

China’s Fosun Tourism Group is in advanced talks with Thomas Cook Group Plc and its lenders regarding a combined 750 million pound ($940 million) fund-raising by the world’s oldest travel company.

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