Thomas Cook AG has entered into a definitive agreement to sell 100% of the equity share capital of TCIM UK to Dubai Financial, a subsidiary of Dubai Investment Group (LLC).According to a release issued by Thomas Cook India to the BSE today, TCIM holds 60% of the equity share capital of the company. "Dubai Financial has undertaken to make a public offer in accordance with the provisions of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997," the release added.
