Thomas Cook Germany may be rescued with government help
Various, viable European subsidiaries are looking at ways to stay in business, saying the UK parent company weighed them down
25 September 2019 - 17:25
Berlin — Thomas Cook’s German tour business filed for insolvency on Wednesday in a move aimed at separating its brands and operations from its failed parent, and said it was in talks with potential new investors.
The German government said it was considering an application for a bridging loan from Thomas Cook Germany, a day after it said it would guarantee a €380m bridging loan for the British group’s German airline, Condor...
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