Posts tagged: Tui

Is Waggott being lined up as Thomas Cook's new chief executive?

Wednesday, 22 May 2019, 11:32 pm

Thomas Cook is under seige with City brokers, such as Citigroup, speculating the company's shares are worthless.

That has prompted a sharp sell off of the company's shares and bonds, which are now trading at distressed levels.

So, senior bankers have begun to speculate about what the company's tough chairman, Frank Meysman, might do to dig the company out of the hole it finds itself in...

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