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Sunweb investor in for Thomas Cooks Nordic operation – reports

Thomas Cook has declined to comment on reports Sunweb Group investor Triton is lining up a bid for C..

By Sunday Herald Team , in Travel , at May 31, 2019

Thomas Cook has declined to comment on reports Sunweb Group investor Triton is lining up a bid for Cooks Nordic airline and tour operator.

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Sky News reports Triton is “early” talks with Cook over a bid for is Nordic brands Ving, Tjareborg and Spies.

Together, Cooks Nordic operation serves about 1.5 million customers a year, according to Sky.

Any deal, Sky reports, would be subject to Cook reducing its debts and putting its operations in the UK on a more sustainable footing.

Cook declined to comment when approached by TTG.

Triton acquired European tour operator Sunweb Group earlier this year.

It comes after Cook suffered a fresh financial blow on Thursday (23 May) when two major credit agencies, Fitch and S&P, Read More – Source

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