Thomas Cook Group Ltd.'s pending acquisition of Interpayment Services Ltd., the travelers check subsidiary of London-based Barclays Bank PLC, resulted from two simple and fortuitous decisions: Thomas Cook wanted to buy; Barclays wanted to sell. The deal, announced Aug. 11,.

Barclays' Interpayment unit, with 35,000 sales locations in 145 countries, is the largest issuer of Visa Travelers Cheques, with annual sales of $7 billion.

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