Fosun consortium set to win battle for Club Med
A consortium led by Fosun International looks set to emerge victorious from the long-running battle for Club Méditerranée (Club Med) after rival bidder Global Resorts withdrew from the process.
Global Resorts, which is controlled by Italian businessman Andrea Bonomi's Investindustrial, said it could not justify topping the Fosun consortium's most recent offer. The group now plans to exit its...
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