Thomas cook sells its participation in the indian company tcil
The group says that it has received numerous expressions of interest by taking a share of the company by third parties and therefore it has decided to formalize the process. The CEO of Thomas Cook, Sam Weihagen, has assured that it will sell its participation if you see an “attractive” offer, which will help the group to obtain more liquidity.
TCIL is a company with more than 130 years old, founded in 1881, and integrated currency exchange and travel services, both in the issuer field in the incoming holiday, for the corporate segment and travel insurance.
Company operates in 70 Indian cities with 153 points of sale, and is also present outside the country, in Mauritius and Sri Lanka. It has a staff of 2,700 employees.