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Thomas Cook Group plc (TCG.L)

TCG.L on London Stock Exchange

8.00GBp
4:27pm BST
Change (% chg)

-0.62 (-7.17%)
Prev Close
8.62
Open
8.69
Day's High
8.69
Day's Low
7.93
Volume
10,426,874
Avg. Vol
38,054,457
52-wk High
86.05
52-wk Low
4.29

Latest Key Developments (Source: Significant Developments)

Thomas Cook Discussing With Noteholders For About 150 Mln Stg Capital Injection
Monday, 12 Aug 2019 

Aug 12 (Reuters) - Thomas Cook Group plc ::THOMAS COOK GROUP - PROPOSED RECAPITALISATION - PROGRESS UPDATE.THOMAS COOK GROUP PLC - THOMAS COOK HAS MADE SIGNIFICANT PROGRESS TOWARDS FINALISING KEY TRANSACTION TERMS OF RECAPITALISATION WITH FOSUN.THOMAS COOK GROUP PLC - DISCUSSIONS WITH NOTEHOLDERS INCLUDE INJECTION OF ADDITIONAL CAPITAL ON TOP OF PREVIOUSLY ANNOUNCED £750 MILLION.THOMAS COOK - ADDITIONAL CAPITAL, OF APPROXIMATELY £150 MILLION, WILL PROVIDE FURTHER LIQUIDITY HEADROOM THROUGH COMING 2019/20 WINTER CASH LOW PERIOD.THOMAS COOK GROUP PLC - TO IMPLEMENT RECAPITALISATION IN EARLY OCTOBER 2019.THOMAS COOK GROUP PLC - EXISTING SHAREHOLDERS ARE THEREFORE EXPECTED TO BE SIGNIFICANTLY DILUTED AS PART OF RECAPITALISATION.  Full Article

Neset Kockar Discloses Stake Of 8.01% In Thomas Cook As Of July 31
Thursday, 1 Aug 2019 

Aug 1 (Reuters) - Thomas Cook Group plc ::NESET KOCKAR DISCLOSES STAKE OF 8.01% IN THOMAS COOK GROUP PLC AS OF JULY 31 VERSUS PRIOR STAKE OF 6.71%- FILING.  Full Article

Invesco Discloses 3.94% Stake As Of July 26 Vs Prior Stake Of 8.54% In Thomas Cook - Filing
Monday, 29 Jul 2019 

July 29 (Reuters) - Thomas Cook Group plc ::INVESCO DISCLOSES 3.94% STAKE AS OF JULY 26 VERSUS PRIOR STAKE OF 8.54% IN THOMAS COOK GROUP - FILING.  Full Article

Invesco Cuts Stake To 8.54% From 11.46% In Thomas Cook
Tuesday, 16 Jul 2019 

July 16 (Reuters) - Thomas Cook Group plc ::INVESCO LTD CUTS STAKE TO 8.54% FROM 11.46% IN THOMAS COOK GROUP PLC - FILING.  Full Article

Union BALPA Calls On Govt To Support Thomas Cook Rescue Plan
Friday, 12 Jul 2019 

July 12 (Reuters) - British Airline Pilots Association (BALPA)::PILOTS UNION BALPA SAYS IT "WELCOMES THOMAS COOK RESTRUCTURING ANNOUNCEMENT AND CALLS ON GOVERNMENT TO SUPPORT THE PLAN".  Full Article

Fosun Tourism Group Considers Proposal Of Recapitalization Of Thomas Cook
Friday, 12 Jul 2019 

July 12 (Reuters) - Fosun Tourism Group <1992.HK>::CO & AFFILIATES WITH THOMAS COOK'S CORE LENDING BANKS CONSIDERING PROPOSAL ON RECAPITALIZATION, SEPARATION OF THOMAS COOK..UNDER PROPOSAL, THOMAS COOK IS TARGETING INJECTION OF £750 MILLION NEW MONEY, WHICH MAY COMPRISE CAPITAL INJECTION, FINANCING FACILITIES.PROPOSAL ENVISAGES SIGNIFICANT AMOUNT OF THOMAS COOK'S EXTERNAL BANK AND BOND DEBT WILL BE CONVERTED INTO EQUITY.THOMAS COOK'S EXISTING SHAREHOLDERS WILL BE SIGNIFICANTLY DILUTED AS PART OF RECAPITALIZATION.THERE ARE ADVANCED TALKS AMONG CO, THOMAS COOK AND THOMAS COOK'S CORE LENDING BANKS ON KEY COMMERCIAL PRINCIPLES ON PROPOSAL.DISCUSSIONS ARE CONTINUING, NO DEFINITE OR NON-BINDING AGREEMENT HAS BEEN REACHED TILL DATE.  Full Article

Thomas Cook Close To Unveiling Fosun Rescue Deal- Sky News
Thursday, 11 Jul 2019 

July 11 (Reuters) - :THOMAS COOK CLOSE TO UNVEILING FOSUN RESCUE DEAL- SKY NEWS.OUTLINE OF PROPOSED DEAL WOULD SEE FOSUN TOURISM, THOMAS COOK'S LENDERS INJECTING HUNDREDS OF MILLIONS OF POUNDS OF NEW EQUITY ,DEBT INTO IT- SKY NEWS.  Full Article

Thomas Cook Gets "Highly Preliminary, Unsolicited Indicative Offer" From Triton Partners For Unit
Thursday, 23 May 2019 

May 23 (Reuters) - Thomas Cook Group plc ::THOMAS COOK GROUP - STATEMENT RE MEDIA SPECULATION.THOMAS COOK GROUP NOTES MEDIA SPECULATION REGARDING A POTENTIAL SALE OF ITS NORTHERN EUROPE BUSINESS.THOMAS COOK GROUP NOTES MEDIA SPECULATION REGARDING A POTENTIAL SALE OF ITS NORTHERN EUROPE BUSINESS.THOMAS COOK GROUP CONFIRMS THAT IT HAS RECEIVED A HIGHLY PRELIMINARY AND UNSOLICITED INDICATIVE OFFER FROM TRITON PARTNERS FOR ITS NORTHERN EUROPE BUSINESS.CURRENTLY EVALUATING THIS OFFER ALONGSIDE ONGOING STRATEGIC REVIEW OF ITS GROUP AIRLINE, ANNOUNCED IN FEBRUARY 2019.GROUP IS CURRENTLY EVALUATING THIS OFFER ALONGSIDE ONGOING STRATEGIC REVIEW OF ITS GROUP AIRLINE, ANNOUNCED IN FEBRUARY 2019.THOMAS COOK GROUP - CONFIRMS RECEIVED A HIGHLY PRELIMINARY AND UNSOLICITED INDICATIVE OFFER FROM TRITON PARTNERS FOR ITS NORTHERN EUROPE BUSINESS.GROUP HAS RECEIVED MULTIPLE BIDS, INCLUDING FOR WHOLE, AND PARTS, OF AIRLINE BUSINESS AND BOARD OF THOMAS COOK GROUP WILL CONSIDER THESE APPROACHES WITH AIM OF MAXIMISING VALUE FOR ALL SHAREHOLDERS.GROUP HAS RECEIVED MULTIPLE BIDS, INCLUDING FOR WHOLE, AND PARTS, OF AIRLINE BUSINESS.THERE CAN BE NO CERTAINTY THAT A TRANSACTION WILL BE CONCLUDED WITH TRITON PARTNERS.THOMAS COOK GROUP WILL MAKE A FURTHER ANNOUNCEMENT AS APPROPRIATE.THOMAS COOK - PRELIMINARY & UNSOLICITED INDICATIVE OFFER FROM TRITON PARTNER, COMPRISES TOUR OPERATOR & AIRLINE IN NORWAY, SWEDEN, FINLAND AND DENMARK.  Full Article

Standard Life Aberdeen PLC Affiliates Cuts Stake To 3.9% From 5.98% In Thomas Cook As Of May 21 - Filing
Thursday, 23 May 2019 

May 23 (Reuters) - Standard Life Aberdeen PLC ::STANDARD LIFE ABERDEEN PLC AFFILIATES CUTS STAKE TO 3.9% FROM 5.98% IN THOMAS COOK GROUP PLC AS OF MAY 21 - FILING.  Full Article

Aggregate Of Standard Life Aberdeen Cuts Stake To 5.98 Pct In Thomas Cook
Tuesday, 21 May 2019 

May 21 (Reuters) - Standard Life Aberdeen PLC ::AGGREGATE OF STANDARD LIFE ABERDEEN AFFILIATED INVESTMENT MANAGEMENT ENTITIES CUTS STAKE TO 5.98 PERCENT FROM 7.32 PERCENT IN THOMAS COOK- FILING.  Full Article

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Grounding of Boeing 737 Max jets hits TUI's earnings

FRANKFURT European tourism group TUI said the grounding of Boeing's 737 MAX jets was a big burden as it reported a 46% decline in underlying quarterly core earnings (EBITA) on Tuesday. | Video