#thomas cook
Months after the liquidation of travel giant Thomas Cook, Raiffeisen Touristik (RT) Group, owned by Egyptian billionaire Samih Sawiris, acquired the German subsidiary. The news, which was announced in a press release by Orascom Development Egypt (ODE), also revealed that hundreds of travel agencies in Germany would be redirected under RT which already overlooks Thomas Cook Netherlands, Otto Resland brand as well as 700 travel agencies. The press release also revealed that through RT, Sawiris was expanding into the field…
