Thomas Cook acquires TCI

Thomas Cook India (TCIL), the country’s leading travel and tourism company, has acquired 100 per cent stake in Travel Corporation India (TCI) for a total consideration of Rs 182.45 crore. 
This is the second major acquisition announced by TCIL in India this year . The company had acquired LKP Forex earlier this year. 
With TCI acquisition, Thomas Cook has become the largest tour operator in the country in terms of distribution capability with almost 200 branches and outlets. 

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