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Thomas Cook to acquire 100% stake in TATA Capital Forex, TC Travel and Services

25 Sep 2017 Evaluate

Thomas Cook (India) has received its board's approval for signing of a definitive agreement with TATA Capital to acquire 100% stake in TATA Capital Forex and TC Travel and Services. The company's board gave approval for the same at its meeting held on September 25, 2017.

Thomas Cook (India) (TCIL) 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.

Peers
Company Name CMP
Thomas Cook (India) 104.05
IRCTC 461.25
TBO Tek 1688.20
Le Travenues Techno 159.30
Yatra Online 105.30
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