A prolonged bidding war for the acquisition of French holiday firm Club Méditerranée took another turn with a sweetened counter bid from a consortium led by Italy's Bonomi family, pushing the offering price to €23 from €17 per share in an original bid announced last May, according to media reports. The new counter bid, which […]

Visit ChinaMoneyNetwork.com 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.