Thomas Cook Group and Air Berlin have informed the German Bundeskartellamt (Federal Cartel Office) that they are
withdrawing their current application for approval of the proposed merger of
Flugdienst GmbH and Air Berlin.The parties have also agreed that the existing
agreement be terminated.
Thomas Cook continues to view Condor as a strong business with significant
potential. Whilst discussions continue with Air Berlin about the feasibility of
an alternative transaction, Thomas Cook is also pursuing a range of other
available options for
In light of the potential materiality of the other options, Thomas Cook has
decided to suspend its share buy back programme until further notice.