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Sunday, 30 November 2014

Fosun set to raise offer in Club Med bid battle: source

Club Mediterannee Chairman and CEO Henri Giscard d'Estaing attends a news conference in Paris PARIS (Reuters) - Chinese conglomerate Fosun , controlled by billionaire Guo Guangchang, is set to raise its bid for holiday company Club Mediterranee on Monday to trump Italian tycoon Andrea Bonomi, a source familiar with the process said.








from Business News Headlines - Yahoo! News http://news.yahoo.com/fosun-set-raise-offer-club-med-bid-battle-224201679--sector.html

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