Thomas Cook India's UAE subsidiary acquires 50% stake in 500 FT SPV
Travel services provider Thomas Cook India on Wednesday said its UAE subsidiary DEI Holdings Limited has acquired a 50 per cent stake in 500 FT SPV Limited.
 "Thomas Cook India's UAE subsidiary acquires 50% stake in 500 FT SPV")
Travel services provider Thomas Cook India on Wednesday said its UAE subsidiary DEI Holdings Limited has acquired a 50 per cent stake in 500 FT SPV Limited.
Thomas Cook India did not divulge details of the quantum of investment made by DEI Holdings in 500 FT SPV Limited, a UAE-incorporated firm.
DEI Holdings Limited (DEI), a 51 per cent step-down subsidiary of the company in UAE, has invested into "500 FT SPV Limited," a company incorporated in the UAE. Post the investment, DEI owns 50 per cent stake in 500 FT SPV Limited, Thomas Cook India informed the BSE in a regulatory filing.
Thomas Cook India had acquired imaging solutions and services provider Digiphoto Entertainment Imaging (DEI) in 2019.
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