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Lufttransport Unternehmen Company

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June 5, 1992 | From Times Staff and Wire Reports
Thomas Cook Sold to German Investors: London's Midland Bank said it has agreed to sell its Thomas Cook Inc. travel division to German interests for $362 million. The 151-year-old travel service, foreign exchange and travelers' check enterprises were purchased by Westdeutsche Landesbank Girozentrale, Germany's third-largest bank, and its LTU Lufttransport-Unternehmen affiliate, Germany's largest charter airline.
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BUSINESS
June 5, 1992 | From Times Staff and Wire Reports
Thomas Cook Sold to German Investors: London's Midland Bank said it has agreed to sell its Thomas Cook Inc. travel division to German interests for $362 million. The 151-year-old travel service, foreign exchange and travelers' check enterprises were purchased by Westdeutsche Landesbank Girozentrale, Germany's third-largest bank, and its LTU Lufttransport-Unternehmen affiliate, Germany's largest charter airline.
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