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Cox & Kings to raise up to $140 mln
REUTERS - Tour operator Cox & Kings Ltd plans to raise up to $140 million from an institutional investor for its UK subsidiary, the company said in a statement.
Cox & Kings will issue shares to the investor for a minority stake in Prometheon Holdings (UK) Ltd, it said.
At 0423 GMT, shares in Cox & Kings, which also has operations in the United States, Australia, Germany, Hong Kong, Greece and
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