Cox & Kings appoints merchant bankers for possible sale of Meininger hotels business

05 Sep 2019

Cox & Kings has appointed merchant bankers for a possible sale of its Meininger hotels business, as it seeks to meet its financial obligations.

The company proposes to meet its financial obligations through a combination of internal accruals and monetisation of assets, and is in the process of evaluating the potential of every business to generate cash flows.

Cox and Kings is engaged in providing travel management solutions. Its services include destination management, outbound tourism, business travel, insurance and conference solutions. The firm also offers domestic holidays, trade fairs, foreign exchange and insurance.

Related Cox & Kings Ltd. Links:

Cox & Kings Share Price

3.09 -0.16 (-4.92%) Jan 21, 18:01
1 Year Price Chart
Company Name CMP
Cox & Kings 3.09
Transcorp Intl. 21.20
Thomas Cook (India) 66.90
Intl Travel House 121.40
Asya Infosoft 7.33
View more..
Sensex vs Cox & Kings