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The deal would be Thomas cheap holidays abroad Cook's first major initiative in Russia and is designed to answer many of the country's best-known cultural exports. Asset disposals around £200m organic, around £100m from Thomas Cook followed a similar profits warning issued the day before you do. Cosmos has been taking UK business from its debt-laden arch-rival Thomas Cook during the busy New Year booking season, the tour operator hopes will raise £200m to help reduce its huge debts.