China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs
Fosun Leads $1.1B New Takeover Offer For Club Med
Aggregated Source: China Money Network
Chinese conglomerate Fosun International has launched a last-minute counter offer for Club Méditerranée last Friday, offering to acquire the French holiday firm at €22 per share, outbidding an earlier proposal, according to a company announcement made by Fosun. The new deal, which values the vacation group at €839 million (US$1.1 billion), has the backing of […]

Visit for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Original URL: Click here to visit original article
Copyright China Money Network