Fosun International and its partners bidding for control of Club Méditerranée intend to list the French holiday group in Hong Kong and Brazil, raising hundreds of millions of euros.
China’s largest privately held conglomerate and its partners have said they would use the listings to fund an ambitious investment programme.
A large part of their plan is to allow Club Med, one of the biggest brands in global tourism, to expand in emerging markets such as China, Latin America and Russia.
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