New Offer of €23.50 a Share Values Resort Operator at $1.12 Billion
The protracted stock-market battle for control of Club Méditerranée SA took a bitter turn Monday as Chief Executive Henri Giscard d’Estaing welcomed a sweetened bid by a Chinese-led consortium and said a rival offer represented a threat to the French resort operator’s integrity.
In the latest round of an 18-month series of bids and counterbids, the group of investors led by China-based conglomerate Fosun International Ltd….
Fonte: The Wall Street Journal