BRIEF: Fosun Tourism sells Thomas Cook for 30 million pounds
Resort operator Fosun Tourism Group (1992.HK) announced on Wednesdayit is selling Thomas Cook, its British-based online travel agency, for up to 30 million pounds ($39.45 million), and expects to make…
Fosun Seeks Club Med Investors to Plug Its Own Financial Holes
The debt-plagued financial conglomerate is reportedly looking for a third party to buy some or all of its majority stake in Fosun Tourism, owner of the French resort chainKey Takeaways:Debt-strapped…
Strong Club Med Results Fail to Lift Fosun Tourism Back to Profits
One of the world’s top resort operators lost money in the first half of the year as lockdowns and travel restrictions continued to curb tourism in its home China market…
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