Travelex Leads Bidding for Thomas Cook Unit, Independent Reports

Travelex Holdings Ltd. is the leading contender to buy Thomas Cook Group Plc (TCG)’s Indian foreign exchange unit, the Independent newspaper reported.

The Indian business was put up for sale last week. Travel firm Cox & Kings Ltd. and the Japan Tourism Bureau are also considering bids, according to the Independent.

To contact the reporter on this story: Kit Chellel in London at cchellel@bloomberg.net

To contact the editor responsible for this story: Anthony Aarons at aaarons@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.