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Thomas Cook to acquire IFCI’s 26.09% stake in TFCI: Report

05 Sep 2017 Evaluate

Travel services firm Thomas Cook (India) is reportedly planning to buy IFCI’s 26.09% stake in Tourism Finance Corporation of India (TFCI). At the current market price, the stake sale will fetch IFCI around Rs 250 crore. In May 2017, the IFCI board approved a proposal to sell its entire stake in TFCI.

TFCI provides financial assistance to enterprises for setting up and developing tourism-related projects, facilities and services.

Thomas Cook (India) is the leading 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.

Thomas Cook (India) Share Price

105.85 -2.00 (-1.85%)
01-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
IRCTC 502.75
Thomas Cook (India) 105.85
TBO Tek 1509.70
Le Travenues Techno 214.05
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