Top shareholder Fosun 'disappointed' over Thomas Cook collapse

China's Fosun Group, which had led a last-ditch bid to rescue British travel firm Thomas Cook from bankruptcy, on Monday said it was "disappointed" that the effort had failed.

"Fosun is disappointed that Thomas Cook Group has not been able to find a viable solution for its proposed recapitalisation with other affiliates, core lending banks, senior noteholders and additional involved parties," Fosun said in a statement to AFP.

"Fosun confirms that its position remained unchanged throughout the process, but unfortunately other factors have changed."
"We extend our deepest sympathy to all those affected by this outcome."