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Fosun Exec Does Not Rule Out Buying Thomas Cook

Tom Lowry

Photo Credit: Fosun Tourism Group CEO Qian Jiannong speaking with Skift Asia Editor Raini Hamdi at Skift Forum Asia on May 27, 2019. Qian said he remains keen on Fosun's investment in Thomas Cook.  Skift / Richard Lai

Skift Take

Fosun says a major path to its future is through acquisitions. But Qian Jiannong wouldn't tip his hand on Thomas Cook. It sure feels like a bigger deal is in the works.

Chinese conglomerate Fosun International, which has a minority stake in Thomas Cook, has been rumored to be a buyer of the London-based travel giant. The CEO of Fosun Tourism Group did not deny that scenario on Monday during Skift Forum Asia in Singapore. When pressed on a potential acquisition, Qian Jiannong, who is also senior vice president of Fosun Intern

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