Thomas Cook to acquire 24% stake in TravelJunkie

Source: The Hitavada      Date: 06 Oct 2018 11:04:23


NEW DELHI,

(PTI),

TRAVEL services firm Thomas Cook India on Friday said its board has given nod for the acquisition of a 24 per cent stake in Mumbai-based travel tech start-up ‘TravelJunkie Solutions’ by its arm TC Tours Ltd.

The board of the company has approved the acquisition of a 24 per cent strategic stake in TravelJunkie Solutions Pvt Ltd, via its wholly owned subsidiary TC Tours Ltd, Thomas Cook India said in a filing to the BSE.