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United Kingdom

World news about “United Kingdom” published by euronews.

06/03 13:21 CET

Chinese leisure group Fosun buys stake in Thomas Cook

Chinese leisure group Fosun buys stake in Thomas Cook

A Chinese investment company has bought a 5 percent stake in British Travel company Thomas Cook. Fosun is moving fast into the European holiday market after buying France's Club Med in February. Fosun paid $140.12m for the slice and intends to buy another 5 percent down the…