Thomas Cook sheds more assets
Thomas Cook has agreed a deal to sell its Dutch office building for £15 million.
Under the terms agreed with FN2 B.V., part of the Fotex group, €11 million will be paid to Thomas Cook by 31 December 2011 and €4.2 million will be paid by 31 March 2012.
A further €2.8 million will be deposited into escrow – money held by a third party pending the transaction.
The sale of the building in Hoofddorp, in the Netherlands, is part of Thomas Cook's disposal programme announced earlier this year.
See story on post-Christmas ad campaign.
By Diane Evans
Diane
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.

































Phocuswright reveals the world's largest travel markets in volume in 2025
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Singapore to forbid entry to undesirable travelers with new no-boarding directive
Euromonitor International unveils world’s top 100 city destinations for 2025