This article only represents the author's own views.
Could resort operator Club Med be set to sail back to its birthplace in France, as its current Chinese owner Fosun contemplates a sale of the company to pay down its large debt?
Fosun is answering that question with a clear “no,” even as signals indicate otherwise. The latest of those emerged in media reports last week saying the resort chain’s current owner, Fosun Tourism Group (1992.HK), was exploring selling some or all of the chain to an outside investor. One report also added the company is considering selling Thomas Cook, the storied English brand it acquired out of bankruptcy in 2019.
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