For Quick Alerts
For Daily Alerts
Thomas Cook UK open offer for 20.4% stake in Indian arm
New Delhi, Mar 10 (UNI) Travel firm Thomas Cook UK Ltd today made an open offer to the shareholders of Thomas Cook India Ltd to acquire 32.79 lakh equity shares amounting to 20.4 per cent of its capital at a price of Rs 107 each.
The offer would commence on April 22 and close on May 12, a company statement said.
On March 7, the company had said it would buy up to 74.9 per cent of Thomas Cook India.
UNI
SG
PBB
HS1301
Story first published: Monday, March 10, 2008, 13:33 [IST]