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Thomas Cook India’s arm to acquire 51% stake in Trimax Smart Infraprojects

28 Nov 2017 Evaluate

Thomas Cook India’s subsidiary - Quess Corp has signed definitive agreements to acquire 51% equity in Trimax Smart Infraprojects on November 24, 2017. The investment in Trimax will help Quess in gaining relevant experience and qualification for future smart city projects. The acquisition will be completed on or before December 15, 2017.

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.


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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