Hays Travel acquires 555 Uk Stores of Thomas Cook
The dismantling of Thomas Cook, with the sale of all 555 UK stores to a smaller rival of the collapsed holiday giant.
Thomas Cook, which went bankrupt overnight last month, was the biggest holiday company in Britain with both a tour operator and airline division.
Travel agent Hays Travel, which is mostly based in northern England, announced in statement that it has acquired the branch portfolio from the official liquidator for an undisclosed sum.
The official receiver added Wednesday that Hays has already recruited 421 former Thomas Cook staff.
Hays added in a separate release that it could potentially save up to 2,500 jobs and would seek to reopen some shops as soon as Thursday.
And it also expects to create another 100 jobs at its headquarters in the city of Sunderland, no...