What to watch - Thomas Cook: Eyes on restructuring plan

 

The board of directors of Thomas Cook (India) on Thursday gave its consent to the management to explore the possibility of an internal corporate restructuring exercise that would enable the company to focus on travel-related business, give the shareholders direct exposure and shareholding in Quess Corp and enhance stakeholder value. “No decision in respect of the proposed restructuring has currently been taken," the company said. Investors will closely monitor the development.

Published on March 01, 2018

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