Italy’s Bonomi raises offer for Fosun target Club Med
Andrea Bonomi has raised the stakes in the battle for Club Méditerranée (Club Med), increasing his offer for the vacation resort operator just days after a consortium led by China’s Fosun International submitted an improved bid.
Global Resources, which is controlled by Italian businessman Bonomi's Investindustrial, is willing to pay EUR24 per share for Club Med, valuing the company at EUR915 million ($1.13 billion). The Fosun...
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