 In June 2019, Thomas Cook said that it was in talks with the Chinese company Fosun International with regard to the possible sale of its tour operator business.On 28 August 2019, Thomas Cook announced that Fosun would pay £450 million for 75% of the firm's tour business and 25% of its airline.By September 2019, Thomas Cook Group was "the most shorted company on the London Stock Exchange," and reports began to emerge that the company was "in last minute negotiations" with bondholders, in order to approve the Fosun takeover.