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Club Med Under Takeover Pressure

Category: Hotels. Posted: 20th Jul 2014

Hotel industry news lines are buzzing over the take over offers from Club Med's two leading shareholders.

In what is looking to be a hostile action, Chinese conglomerate Fosun International and AXA Private Equity are both angling to control the hospitality brand.

A strategic expansion plan of the two groups varies broadly in what is becoming an east versus west battle.

Club Med and its highly valued distribution network remain a strong investment object of desire.

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