Apr 21, 2019

Thomas Cook reportedly receives bids for firm

Travel company Thomas Cook has received approaches for parts of its business and the company as a whole, according to reports. Fosun International, which runs a joint venture with Thomas Cook in China, did not immediately respond to a request for comment. Thomas Cook is the world's oldest tour operator and was founded in Market Harborough in 1841 by businessman Thomas Cook. In September, Thomas Cook said profits would be hit after the summer heatwave saw many take their holidays in the UK. It issued a second profit warning in November, when it said winter bookings were also down. The shop closures will take the number of Thomas Cook outlets down to 566.

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