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Thomas Cook Group plc (TCG.L)

TCG.L on London Stock Exchange

14.57GBp
17 Jun 2019
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Latest Key Developments (Source: Significant Developments)

Thomas Cook Gets "Highly Preliminary, Unsolicited Indicative Offer" From Triton Partners For Unit
Thursday, 23 May 2019 

May 23 (Reuters) - Thomas Cook Group plc ::THOMAS COOK GROUP - STATEMENT RE MEDIA SPECULATION.THOMAS COOK GROUP NOTES MEDIA SPECULATION REGARDING A POTENTIAL SALE OF ITS NORTHERN EUROPE BUSINESS.THOMAS COOK GROUP NOTES MEDIA SPECULATION REGARDING A POTENTIAL SALE OF ITS NORTHERN EUROPE BUSINESS.THOMAS COOK GROUP CONFIRMS THAT IT HAS RECEIVED A HIGHLY PRELIMINARY AND UNSOLICITED INDICATIVE OFFER FROM TRITON PARTNERS FOR ITS NORTHERN EUROPE BUSINESS.CURRENTLY EVALUATING THIS OFFER ALONGSIDE ONGOING STRATEGIC REVIEW OF ITS GROUP AIRLINE, ANNOUNCED IN FEBRUARY 2019.GROUP IS CURRENTLY EVALUATING THIS OFFER ALONGSIDE ONGOING STRATEGIC REVIEW OF ITS GROUP AIRLINE, ANNOUNCED IN FEBRUARY 2019.THOMAS COOK GROUP - CONFIRMS RECEIVED A HIGHLY PRELIMINARY AND UNSOLICITED INDICATIVE OFFER FROM TRITON PARTNERS FOR ITS NORTHERN EUROPE BUSINESS.GROUP HAS RECEIVED MULTIPLE BIDS, INCLUDING FOR WHOLE, AND PARTS, OF AIRLINE BUSINESS AND BOARD OF THOMAS COOK GROUP WILL CONSIDER THESE APPROACHES WITH AIM OF MAXIMISING VALUE FOR ALL SHAREHOLDERS.GROUP HAS RECEIVED MULTIPLE BIDS, INCLUDING FOR WHOLE, AND PARTS, OF AIRLINE BUSINESS.THERE CAN BE NO CERTAINTY THAT A TRANSACTION WILL BE CONCLUDED WITH TRITON PARTNERS.THOMAS COOK GROUP WILL MAKE A FURTHER ANNOUNCEMENT AS APPROPRIATE.THOMAS COOK - PRELIMINARY & UNSOLICITED INDICATIVE OFFER FROM TRITON PARTNER, COMPRISES TOUR OPERATOR & AIRLINE IN NORWAY, SWEDEN, FINLAND AND DENMARK.  Full Article

Standard Life Aberdeen PLC Affiliates Cuts Stake To 3.9% From 5.98% In Thomas Cook As Of May 21 - Filing
Thursday, 23 May 2019 

May 23 (Reuters) - Standard Life Aberdeen PLC ::STANDARD LIFE ABERDEEN PLC AFFILIATES CUTS STAKE TO 3.9% FROM 5.98% IN THOMAS COOK GROUP PLC AS OF MAY 21 - FILING.  Full Article

Aggregate Of Standard Life Aberdeen Cuts Stake To 5.98 Pct In Thomas Cook
Tuesday, 21 May 2019 

May 21 (Reuters) - Standard Life Aberdeen PLC ::AGGREGATE OF STANDARD LIFE ABERDEEN AFFILIATED INVESTMENT MANAGEMENT ENTITIES CUTS STAKE TO 5.98 PERCENT FROM 7.32 PERCENT IN THOMAS COOK- FILING.  Full Article

Thomas Cook Says Jamie Wilson Has Been Appointed As A Non-Executive Director
Wednesday, 15 May 2019 

May 15 (Reuters) - Thomas Cook Group plc ::DIRECTORATE CHANGE.JAMIE WILSON HAS BEEN APPOINTED AS A NON-EXECUTIVE DIRECTOR WITH EFFECT FROM TODAY..  Full Article

Iag CEO Walsh Says Not Putting In A Bid For Thomas Cook's Airline Business
Friday, 10 May 2019 

May 10 (Reuters) - IAG ::CEO WALSH SAYS CAN SEE NO EVIDENCE OF A BREXIT IMPACT ON RESULTS OR FORWARD BOOKING TRENDS.CEO WALSH SAYS NOT PUTTING IN A BID FOR THOMAS COOK'S AIRLINE BUSINESS.  Full Article

Thomas Cook ‎Is In Advanced Talks For About 400 Million Stg Of New Debt Facilities - Sky News
Friday, 3 May 2019 

May 3 (Reuters) - :THOMAS COOK ‎IS IN ADVANCED TALKS FOR ABOUT 400 MILLION STG OF NEW DEBT FACILITIES - SKY NEWS.  Full Article

Lufthansa says focusing first on European business in LSG sale
Tuesday, 30 Apr 2019 

April 30 (Reuters) - Lufthansa CFO says on first-quarter analyst call::ON LSG DIVESTITURE SAYS BUYERS WILL BE INVITED TO PLACE THEIR BIDS, FOCUSING FIRST ON EUROPEAN BUSINESS.IT IS TOO EARLY TO SAY WHETHER THERE WILL BE ADDITIONAL DIVESTITURES AFTER LSG SALE, INTEND TO KEEP LUFTHANSA TECHNIK UNI.IS OPEN TO RETAINING A MINORITY STAKE IN LSG, NEED RIGHT PARTNER FROM STRATEGIC POINT OF VIEW.SHORT HAUL PRICING IN Q2 TO IMPROVE AS MARKET CAPACITY DECREASES.NOT SO WORRIED ABOUT UPCOMING COLLECTIVE WAGE NEGOTIATIONS.ON CONDOR, ARE LOOKING AT ALL POSSIBLE TARGETS, WE WANT TO PLAY AN IMPORTANT ROLE IN CONSOLIDATION IN EUROPE.CANNOT COMMENT ON PRESS SPECULATION SAYING LUFTHANSA HAS A 6-8 BILLION EURO M&A BUDGET.ARE MOVING SOME MAINTENANCE FUNCTIONS FROM LUFTHANSA TECHNIK INTO THE AIRLINE, INCREASING TRANSPARENCY.BOOKINGS IMPROVED SIMILARILY IN MAY, JUNE AS THEY DID IN APRIL.  Full Article

Thomas Cook To Review Financial Services Division
Tuesday, 26 Mar 2019 

March 26 (Reuters) - Thomas Cook Group plc ::TO REVIEW FINANCIAL SERVICES DIVISION.ANNOUNCES A REVIEW OF STRUCTURE OF THOMAS COOK MONEY.UK CHIEF OF RETAIL AND MONEY, ANTH MOONEY, HAS DECIDED TO LEAVE BUSINESS.REVIEW ANNOUNCED TODAY IS BEING HEADED BY CHIEF OF TOUR OPERATING, WILL WAGGOTT, WHO JOINED THOMAS COOK IN EARLY MARCH.PROPOSALS UNDER CONSIDERATION INCLUDE ALIGNING LEADERSHIP & OPERATIONS TEAM FOR THOMAS COOK MONEY MORE CLOSELY WITH TOUR OPERATING UNIT.THOMAS COOK CEO SAYS REVIEW OF THOMAS COOK MONEY WILL NOW CONSIDER HOW CO CAN FOCUS ITS RESOURCES IN CORE HOLIDAY OFFERING.  Full Article

Thomas Cook Agrees To Enter Into JV With Ionic Invest To Buy Tour Operator Of Biblio Globus
Friday, 22 Mar 2019 

March 22 (Reuters) - Thomas Cook Group plc ::EXPANDING PRESENCE IN RUSSIA WITH NEW JV.HAS AGREED TO ENTER INTO A JOINT VENTURE AGREEMENT WITH IONIC INVEST, TO BUY TOUR OPERATOR OF BIBLIO GLOBUS.UNDER TERMS OF AGREEMENT, JOINT VENTURE WILL ACQUIRE 100% OF BIBLIO GLOBUS' TOUR OPERATOR FOR AN INITIAL CASH CONSIDERATION OF $10 MILLION.THOMAS COOK INTENDS TO ASSUME A 30% MINORITY STAKE IN JOINT VENTURE.FURTHER CASH CONSIDERATION OF $10 MILLION WILL BE PAYABLE AND FUNDED BY JOINT-VENTURE BUSINESS IN JANUARY 2020.TOTAL MAXIMUM CASH CONSIDERATION PAYABLE BY JOINT VENTURE BUSINESS, INCLUDING INITIAL CONSIDERATION, IS $150 MILLION.GROSS ASSETS OF BIBLIO GLOBUS ON COMPLETION SEEN TO BE £40 MILLION, PBT IN 12 MONTHS TO 30 SEPT 2019 IS EXPECTED TO BE £12 MILLION.  Full Article

Tui Group CEO Says We Are Not Talking To Thomas Cook At The Moment
Tuesday, 12 Feb 2019 

Feb 12 (Reuters) - Tui Group TUIT.L::TUIGN.DE CEO, ASKED ABOUT INTEREST IN THOMAS COOK'S <<>> AIRLINE BUSINESS, SAYS YOU NEVER SHOULD EXCLUDE ANYTHING, WE ARE ACTIVE OBSERVERS.TUIGN.DE CEO SAYS WE ARE NOT TALKING TO THOMAS COOK AT THE MOMENT.  Full Article

BUZZ-Thomas Cook: Double or nothing says Barclays

** Shares of the world's oldest travel co down 5.2% at 17.8 pence