Page 3 - Cox & Kings

Cox & Kings shares have declined 26% since credit rating downgrade

Credit rating downgrade highlights delays in debt reduction and increase in receivables

Cox & Kings sells education tour business in Europe for Rs 43 billion

The company has been downsizing its stake in Holidaybreak, which consists of education tours and Meininger hotels, over the past few years

Cox & Kings sells 11.58% stake in education and hotels arm for Rs 4.5 bn

Post sale, Cox & Kings will hold 54% stake in the business and the deal values the company's equity holding at $353 mn

Cox & Kings plans IPO for education tour business

Proceeds may be used to pare down firm's debts, standing at around Rs 4,150 cr

Cox & Kings, BMC organise beach clean-up drive in Juhu

Company in a statement issued said approximately 150 employees of the company actively participated in drive by volunteering for cleaning activity

Cox & Kings promoters infuse Rs 168 crore in company

The additional equity infusion & issue of shares comes two days after the tour operator posted Rs 305 cr net loss in the 4th quarter FY16

Cox & Kings sells majority stake in UK portals

The tour operator has sold majority stake in LateRooms & Superbreak.

Cox & Kings sells 2 entities to Malvern; will hold 49% in it

A Europe-based private equity investor will own 51% in UK-based Malvern