Search results for “Fosun”
Thomas Cook says Fosun bailout is its best option
07/17/2019|11:44:35 AM|
The proposed £750 million deal could see Fosun, owner of ClubMed, take control of Thomas Cook’s package tour business.
Fosun considers $942M Thomas Cook investment
07/15/2019|12:00:41 PM|
The rescue deal could indicate a potential retreat from the stock market for Thomas Cook, in a move that would see the world's oldest package-holiday firm become a private company.
Club Med’s Chinese owner set to bid for Thomas Cook unit
06/10/2019|11:15:14 AM|
Thomas Cook’s airline business wouldn’t be part of the deal.
Fosun exec does not rule out buying Thomas Cook
05/28/2019|1:56:38 PM|
Fosun remains interested in Thomas Cook, particularly with a push into European tourism.
Club Med owner reports positive operating profit for the first 3 months
04/24/2019|10:07:59 AM|
The business volume of the Group resort and destination operation and tourism and leisure services and solutions increased by 11% from RMB 4,327.8 million to RMB 4,804.9 million.
Potential bidders circle Thomas Cook as it hires turnaround specialist
04/22/2019|4:06:21 PM|
EU rules banning majority foreign ownership would block Fosun from running Thomas Cook’s airline arm.
Fosun venture capital invests in Israeli booking site Splitty
04/16/2019|11:40:11 AM|
Chinese investment firm Fosun RZ Capital led a $6.75 million series A investment round in Splitty, a hotel booking startup based in Israel.
Fosun Tourism turns around net profit to RMB 389.1 million in 2018
03/18/2019|8:35:15 AM|
Gross profit increased by 86.4% from RMB2,830.3 million in 2017 to RMB5,276.0 million in 2018. Adjusted EBITDA increased from RMB746.3 million in 2017 to RMB2,073 million in 2018.
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