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Thomas Cook India’s arm concludes acquisition of 51% stake in TBSS

28 Nov 2017 Evaluate

Thomas Cook India’s subsidiary - Quess Corp has completed the acquisition of 51% equity stake in Tata Business Support Services (TBSS) on November 27, 2017.

Recently, Quess Corp had received an approval for acquisition of 51% equity stake in TBSS, a subsidiary company of Tata Sons for a consideration of up to Rs 153 crore. The board of directors of Quess at its meeting held on November 20, 2017 had approved for the same.

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.


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