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.

































Global tourism exceeds 1.5 billion travelers announces UN-Tourism
Qatar Airways offers reduced timetable to over 60 destinations
WTTC global tourism reached record economic impact of 11 trillion in 2025
Hands In, UATP join forces for airline multi-card payments
Overseas travelers to the United States declined by 2.5% in 2025