Thomas Cook plans further disposal
Thomas Cook is to sell its in-house travel insurance business which could raise £100 million for the tour operator.
Advisors at PWC are close to being appointed to sell White Horse Insurance, the Dublin-based operation, reports the Sunday Times.
The sale is the latest disposal by Thomas Cook which is undergoing a massive cost-cutting exercise.
It is expected to interest trade bidders and private equity firms.
Diane
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