Thomas Cook dinner has been instructed it wants to seek out an additional £200 million in further funding with a view to safe its future.

The troubled operator has hoped to seal a rescue deal led by Fosun Tourism Group this week.

Nonetheless, lenders are actually insisting the cash-strapped journey agency should give you the brand new contingency funds.

The cash could be used if further finance is required to cowl prices throughout the sluggish winter months

With out the rescue, the agency is prone to collapse.

Underneath the phrases of the present deal, Fosun has agreed to contribute £450 million of latest cash to the group.

If agreed, the Chinese language conglomerate would purchase 75 per cent of the…



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