{"id":120134,"date":"2019-04-22T00:00:00","date_gmt":"2019-04-21T21:00:00","guid":{"rendered":"https:\/\/rhn.ro\/potential-bidders-for-thomas-cooks-tour-operator-division\/"},"modified":"2026-03-27T16:18:57","modified_gmt":"2026-03-27T14:18:57","slug":"potential-bidders-for-thomas-cooks-tour-operator-division","status":"publish","type":"post","link":"https:\/\/rhn.ro\/en\/potential-bidders-for-thomas-cooks-tour-operator-division\/","title":{"rendered":"Potential Bidders for Thomas Cook&#8217;s Tour Operator Division"},"content":{"rendered":"<div>Thomas Cook has been approached by potential buyers for its tour operator division, while the company&#8217;s creditors prepare for difficult discussions regarding the group&#8217;s financial situation, according to Sky News, reports Reuters.&nbsp;<\/div>\n<div><\/div>\n<div>Thomas Cook, which has put its airline division up for sale, recently announced an evaluation of its financial division to focus on core holiday operations after a difficult 2018.<\/div>\n<div><\/div>\n<div>According to sources, investment fund KKR and the Swedish group EQT Partners are potential bidders for the group, while the Chinese company Fosun International is reportedly among the investors interested in the tour operator division.<\/div>\n<div><\/div>\n<div>Thomas Cook, the world&#8217;s oldest tour operator, is working with consultants from AlixPartners on cost-reduction plans, while a syndicate of over 12 banks has hired FTI Consulting for advice on their exposure to the company.<\/div>\n<p>Source: <a href=\"http:\/\/www.profit.ro\" data-wplink-url-error=\"true\">Profit<\/a><\/p>\n<h3>Frequently Asked Questions<\/h3>\n<p><strong>Who are the potential bidders for Thomas Cook&#8217;s tour operator division?<\/strong><\/p>\n<p>Potential bidders include the investment fund KKR, the Swedish group EQT Partners, and the Chinese company Fosun International.<\/p>\n<p><strong>Why is Thomas Cook selling parts of its business?<\/strong><\/p>\n<p>Following a difficult 2018, the company aims to focus on its core holiday operations and improve its financial situation.<\/p>\n<p><strong>Which consulting firms are assisting in the restructuring?<\/strong><\/p>\n<p>Thomas Cook is working with AlixPartners for cost reduction, while its creditors have hired FTI Consulting for financial exposure advice.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thomas Cook has been approached by potential buyers for its tour operator division, while the company&#8217;s creditors prepare for difficult discussions regarding the group&#8217;s financial situation, according to Sky News, reports Reuters.&nbsp; Thomas Cook, which has put its airline division up for sale, recently announced an evaluation of its financial division to focus on core&hellip;<\/p>\n","protected":false},"author":0,"featured_media":67667,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2858],"tags":[],"thb-sponsors":[],"class_list":["post-120134","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tourism"],"article_style_override":"","post-style":"","post_via":"","post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2019\/11\/turism-2.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/120134","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=120134"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/120134\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/67667"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=120134"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=120134"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=120134"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=120134"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}