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FAIRBRIDGE CAPITAL
Amazon sells Quess Corp shares for Rs 46 crore; promoter Fairfax Capital hikes stakeGlobal e-commerce giant Amazon on Saturday sold shares of business services provider Quess Corp for Rs 46 crore through an open market tran...
Strong institutional bids prompt promoter to exercise greenshoe option in Thomas Cook OFSOn Wednesday, the promoter announced it will sell up to 32,000,000 shares in Thomas Cook, representing a 6.8% stake, and set the floor pric...
Promoter Fairbridge Capital to sell 8.5% stake in Thomas Cook via OFSThe promoter proposes to sell up to 32,000,000 shares in Thomas Cook and has set the floor price for the same at Rs 125/share. The floor pr...
Promoter Fairbridge Capital buys 4.4% stake in Quess Corp; MF, FPI sell stakeThe stake acquisition by the promoter helped shares of Quess Corp snap their 3-day losing streak and test a 1-month high of Rs 385. The sto...
Fairbridge Capital increases holding in Thomas Cook (India) to 72%"I am glad to announce the conversion of the balance convertible preference shares into equity, thereby increasing the promoter shareholdin...
Thomas Cook India plans to raise up to Rs 450 croreThe company's board has approved issuance of up to 45,00,00,000 OCCRPS of face value of 10 each to Fairbridge Capital (Mauritius) Ltd, the ...
Time to return money to shareholders: Thomas Cook India MDThe company is generating Rs 200 crore of free cash every year and has thought that this would be an ideal time to return that money to sha...
Thomas Cook India elevates Madhavan Menon as CMDTravel services provider Thomas Cook India has re-designated its present MD Madhavan Menon as Chairman and Managing Director, effective Jan...
Fairbridge Capital sells stake in Thomas Cook India to sister firmFairbridge Capital (Mauritius) sold 8.18 crore equity shares at Rs 208.10 per share on Wednesday to H Investments Ltd (HIL), part of Fairfa...
Prem Watsa backed Thomas Cook set to take over Sterling Holidays & ResortsPost merger, Fairfax will own 67% of Thomas Cook India, Bay Capital will own 9% and rest by shareholders of both the companies.
Thomas Cook acquires services company Ikya Human SolutionsThomas Cook, India’s largest integrated travel company, acquired 74% stake in Ikya Human Solutions an upcoming and one of the fastest growi...
- Thomas Cook buys 74% in Ikya Human Solutions for Rs 256 crore
The deal was cut at a discount price of $150 million for a 77% stake in May last year.
- Fairbridge Capital (Mauritius) becomes promoter of TCIL
"This is pursuant to an agreement for sale and purchase of the share capital of TCIL dated may 21, 2012," TCIL said in a filing to BSE.
Thomas Cook gets shareholders' nod for TCIL stake saleShareholders of Thomas Cook Group have approved the sale of 77% stake in its India operations to Fairbridge Capital (Mauritius) Ltd for abo...
- Thomas Cook Q2 net up 44.50 pc at Rs 31 cr
Thomas Cook India today reported a 44.50 per cent rise in its consolidated net profit at Rs 31.01 crore for the quarter ended June 30, 2012.
- Thomas Cook sees 96 million pounds goodwill charge on India business sale
Thomas Cook Group Plc said it has recorded goodwill impairment charges of 96 million pounds related to the sale of its India business.
- Investors should hold onto investments in Thomas Cook India
Investors of Thomas Cook should hold onto their investments in Thomas Cook India in the wake of the open offer presented by Fairbridge Capi...
- Thomas Cook shares up over 2% on bourses
Shares of the company ended at Rs 62.65, up 2.37 per cent on the BSE. Intra-day, it surged 4 per cent to Rs 63.65. At the NSE, the stock ga...
- Thomas Cook India gains over 2% on open offer talks
Thomas Cook India Ltd surged over 2 percent in early trade Tuesday on reports that the UK-based Thomas Cook Group will sell its entire 77.1...
Toronto-based Fairbridge Capital to buy Thomas Cook India; deal estimated at Rs 1,000 croreUK-based Thomas Cook Group will sell its entire 77.1% stake in its Indian arm, Thomas Cook India, to Toronto-based Fairbridge Capital.