THOMAS COOK (I) LTD ; UPDATE

• Two developments regarding the Stock just reported on the news-wires. (Reuters)
• One, Swiss Travel Group KUONI is reported to have denied being in the race / interested in picking up the Stake on sale in parts of Thomas Cook PLC (an obvious reference to the Indian subsidary). Could this be merely bargaining positions being drawn out?
• Two, Thomas Cook PLC seems to have put its Stake Sale plans in a bit of a higher gear by also seeming to indicate a desire to sell its profitable Charter Airline Condor.
• Interestingly the Shares of Thomas Cook PLC spiked up and closed up 10% on the London Stock Exchange yesterday.
• It sure seems to be an eventful week ahead for the listed Indian subsidary THOMAS COOK (I) LTD with the scrip likely to react as news / reports filter in.

EARLIER POST ON THE SCRIP READ HERE