SSG Capital already holds a 2.72% stake in Cox & Kings. Photo: MintMumbai: Travel firm Cox & Kings Ltd Thursday said SSG Capital Management Ltd has bought 34.42% stake in its British subsidiary Prometheon Holdings (UK) Ltd from the Rohatyn Group. SSG Capital already holds a 2.72% stake in Cox & Kings. Founded in 2009 by Edwin Wong, Andreas Vourloumis and Shyam Maheshwari, SSG Capital Management focuses on China, India and South-East Asia. In December 2015, Cox and Kings sold Explore Worldwide, a unit of Holidaybreak, to Hotelplan (UK Group) Ltd, a specialist UK tour operator, for £25.8 million.

Source: Mint November 16, 2017 16:18 UTC