Thomas Cook Group Plc and the Co- operative Group Ltd. plan to merge their U.K. travel and foreign-exchange units in a deal that will create a 1,200-store chain and save more than 35 million pounds ($55 million) a year.
888 Holdings Plc , a U.K.-listed Internet gambling company that supplies services to Caesars Entertainment Corp ., said talks with Ladbrokes Plc continue, and fourth-quarter operating income gained 5 percent over the year- earlier period.
Thomas Cook Group Plc , Europe’s second-biggest tour operator, posted a full-year loss because of costs for assisting passengers stranded when a volcanic eruption led to the shutdown of European airspace.
Playtech Ltd., the Internet- gambling software maker that has a venture with William Hill Plc, agreed to buy a software business from a company owned by its co-founder and biggest shareholder, Teddy Sagi .
TUI Travel Plc rose the most in more than three months in London trading after Financial Times Deutschland reported that majority owner TUI AG is weighing the purchase of the shares it doesn’t already own.