Dubai Financial buys travel brand

Dubai Financial has bought the licence to use the Thomas Cook brand in the Middle East, as well as acquiring Thomas Cook Overseas Ltd and Thomas Cook Lebanon SAL. Dubai Financial, a subsidiary of Dubai Investment Group, had earlier bought Thomas Cook International Markets, UK, which gave it a controlling interest in Thomas Cook India, Mauritius and Sri Lanka and licences to operate in Pakistan, Nepal and Bangladesh. []


Posted August 03, 2006

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