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Thomas Cook serves up its India business for sale
Thomas Cook India, a profitable and high-growth centre of the debt-ridden UK-based travel conglomerate, is up for sale. Thomas Cook, which had announced a disposal programme for its non-core assets last year to reduce debt, on Wednesday made it known it was in the process of inviting formal bids for its 77.1 per cent shareholding in the India business.
Just about a month ago, Thomas Cook India managing
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