Thomas Cook denies E&Y’s Club 18-30 selloff

Thomas Cook has denied speculation that the company has appointed Ernst
& Young to advise on the sell-off of several of its subsidiaries, including
its infamous Club 18-30 business.

Press reports had suggested that E&Y was in charge of the £30m sale of
four Thomas Cook subsidiaries, however, a spokeswoman for the tour operator said
that the stories were ‘speculation’.

But she confirmed that E&Y was working with Thomas Cook through a
strategic review of its business.

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