Fosun International

Thomas Cook is returning to European hands, as its Chinese owner has agreed to sell it to a Polish group, five years after its bankruptcy.

The President of Serbia, Mr. Aleksandar Vucic, together with the Ambassador of the People's Republic of China, Ms. Chen Bo attended the signing.

Cirque du Soleil founder Guy Laliberte announced on May 24 he intends to try to buy back the world's most famous circus troupe, which is struggling due to the coronavirus pandemic.    

Laliberte, a former stilt-walker-turned-millionaire who co-founded the troupe in 1984, sold his last remaining stake in Cirque in February.

US group Varde Partners has been added to the list of suitors for the 80 percent stake in Ethniki Insurance, Greece's biggest insurer.
According to sources, Varde Partners is among the bidders short-listed for the second stage of the tender, concerning binding offers.

Suitors for the 80 percent stake in Ethniki Insurance have until the end of January to submit their binding bids.

British authorities have returned home more than 95% of the customers of the failed British tourist company Thomas Cook. The harvesting of the blocked people will continue in the coming days, the British Civil Aviation Administration (CAA) announced.

Chinese company Fosun has agreed to acquire 75 percent of UK group Thomas Cook's tour operations and 25 percent of its airline business for 450 million pounds (497 million euros) while the group's creditors - banks and bondholders - will put up a similar amount to buy 25 percent of the tour business and 75 percent of the airline business.

Greek jewellery maker Folli Follie has mandated Deloitte and Savigny Partners to look into the possible sale of its UK-based jeweller Links of London, it said on Monday.

Two global tourism giants with assets in Greece are about to join forces, Thomas Cook has suggested, announcing that it is in talks with its 15 percent stakeholder Fosun Tourism for a share capital increase in the British tour operator that will see Fosun assuming control.

Chinese group Fosun, which controls 16 percent of Folli Follie, refused a request by the troubled Greek jewelry maker for a 20-million-euro loan the listed company needs to meet its obligations by end-January, when its streamlining plan application is to be examined by an Athens court.