Thomas Cook brand sold to Club Med owner Fosun for £11m
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The Thomas Cook brand has been saved from obscurity after the Chinese owner of Club Med said it would buy the name for £11m.
Fosun Tourism, which was seen a potential saviour of Thomas Cook before it went bust, is also acquiring the Casa Cook and Cook’s Club hotel brands.
The hotels are aimed at individual travellers and young holidaymakers.
Fosun’s chairman Qian…