Thomas Cook’s Quess Corp, India’s Leading Business Services provider has entered into definitive agreement to acquire a minority (49%) stake in Transfield Services (Qatar) WLL (TSQ) from Transfield Services (International), subject to regulatory approvals and conditions precedent to the closure.
Post closure, TSQ, primarily operating in the oil & gas market in the State of Qatar, will be the local entity vehicle for the industrial asset management division (Hofincons) of Quess Corp.
Thomas Cook is the largest integrated travel and travel related financial services company in the country offering a broad spectrum of services that include Foreign Exchange, Corporate Travel, MICE, Leisure Travel, Insurance, Visa & Passport services and E-Business.