Thomas Cook India

Fairbridge Capital’s stake in Thomas Cook India misses delisting threshold

17 August, 2012

Canadian investment firm Fairfax Financial Holdings Ltd has completed the acquisition of majority stake in the India unit of UK’s travel services firm Thomas Cook Group plc, but its open offer to the public fell short of the threshold at which it could have taken the firm private. The open offer by Fairfax’s Indian subsidiary Fairbridge Capital managed to garner 10.41 per cent additional stake, taking its holding in the public-listed Thomas Cook (India) Ltd to 87.1 per cent.


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Fairbridge Capital’s stake in Thomas Cook India misses delisting threshold

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