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Article: Dubai Investment Group to buy Thomas Cook India : report.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- December 12, 2005
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Dubai Investment Group to buy Thomas Cook India : report
Dubai, Dec 12 (PTI) A Government owned investment company of Dubai is expected to buy the Indian unit of Thomas Cook, Europe's second-biggest travel company, for USD 127 million, a media report said today.
According to the report, Dubai Investment Group is likely to pay USD 92 million for 60 per cent stake in Thomas Cook India.
It will also pay another 35 million dollar for a 20 per cent stake as ...