Thomas Cook clarifies on news item regarding TCI buy

With reference to the news item appearing in a leading financial daily titled "Right initials: Thomas Cook set for TCI buy", Thomas Cook India Ltd has clarified to BSE as under.

Paragraph 1

The Company has been over the years evaluating various options to strengthen its core activities by increasing market share one of such being acquisition of travel and travel related Companies. The Company already informed that the Board Meeting has been convened on December 01, 2006 to consider certain M&A proposals.

Paragraph 2, 3

The Company has no comments to offer

Paragraph 4

The stated information is correct

Paragraph 5,6,7

The Company has no comments to offer.

Source : Equity Bulls

Keywords