Suspended Club Med at the opening of the Paris Stock Exchange. A few hours ago the limit set for presenting an improved offer to raise the purchase offer for the group of holiday villages presented by the Italian entrepreneur Andrea Bonomi expired, and already yesterday evening the stock closed at 21,27 euros, above Bonomi's offer of 21 euros.
The market is therefore betting on a relaunch with a last minute counter bid. According to some sources cited by AFP, a return to the running of the Chinese from Fosun, protagonists of a first attempt in partnership with the French investment fund Ardian, is defined as "very credible".
Technically, if Fosun does not get back in the running, the result of the Global Resorts (Bonomi and allies) takeover bid should be published on September 26th. If relaunched, a new timetable will need to be finalized to align the two competing offers.
