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Monday, 12 July 2010

Thomas Cook takes over Oger Tours

Europe's second largest vendor of package holidays, Thomas Cook has taken over German travel company Oger Tours .

The Anglo-German holidays company paid 30 million euros for Oger Tours after it made a huge loss of 7.3 million euros in the last financial year before tax on turnover of 256 million euros.

Oger Tours, previously owned by Germany's well known Turkish businessmen, Vural Oger, specialises in Turkish destinations and takes 400,000 passgeners on holidays each year.

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