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Thomas Cook poised for dilutive capital injection

Thomas Cook poised for dilutive capital injection

Struggling holiday company Thomas Cook (TCG) is in advanced discussions with its largest shareholder, China-based Fosun Tourism Group, to secure a £750m capital injection that would allow it to continue to operate over the winter 2019-20 season and to invest in the future of the business, but would likely wipe out existing investors almost entirely. 

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