trending Market Intelligence /marketintelligence/en/news-insights/trending/fwBGRkonAB_OW9F5JtOKIg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Germany to repay Thomas Cook customers

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform

Germany to repay Thomas Cook customers

The German government will provide financial aid to customers affected by the collapse of Thomas Cook Group PLC after the company's insurance cover has proved inadequate, Reuters reported Dec. 11, citing a company statement.

"Damages that are not compensated by other parties will be settled by the federal government," the country reportedly said.

Registered claims have amounted to €250 million, which is beyond insurer Zurich Insurance Group AG's liability limit of €110 million, Reuters said, citing broadcaster ARD. Total claims could reach between €300 million and €500 million, the newswire added.

The British tour operator was forced into liquidation in late September after it failed to secure a £900 million rescue deal from shareholders and lenders. China's Fosun Tourism Group, which would have saved the company in the rescue deal, has agreed to buy the Thomas Cook brand and its subsidiaries for £11 million.

Thomas Cook has also sold Nordic unit Thomas Cook Northern Europe AB to a consortium of buyers called the Strawberry Group in October. The group comprises the investment vehicle of Norwegian businessman and hotel and property developer Petter Stordalen, and private equity firms Altor Fund V AB and TDR Capital.

The company's Condor Flugdienst GmbH airline business has also attracted interest from potential buyers.