Club Med looks east as takeover goes ahead

Club Med looks east as takeover goes ahead

A Chinese conglomerate and a French private equity firm are to take over Club Med after they improved their offer for the holiday firm to 557 million euros.br br China's Fosun International and AXA Private Equity - who were already Club Med's biggest shareholders - upped their price to 17.5 euros a share for the stock they do not already own.br br ...


User: euronews (in English)

Views: 169

Uploaded: 2013-06-25

Duration: 00:30