Club Med to the Chinese, Bonomi withdraws
Global Resort will in any case achieve a capital gain by selling the shares currently held in the capital of Club Med "in adherence to the Gaillon Invest II offer, or on the market".
Club Med, counter offer from the Franco-Chinese consortium: 24,60 euros
The Gaillon Inest II consortium, led by Fosun, surpasses the latest offer from the financier Andrea Bonomi: from 24 to 24,6 euros per share - the group flies to 940 million euros. Now Club Med resumes the quotation at €25 and…
Club Med: new Chinese relaunch against Bonomi is coming
Two new investors could strengthen the ranks of Gaillon Invest, which supports Fosun against the consortium led by Andrea Bonomi.
Club Med, Bonomi relaunches at 24 euros
The counter-offer by the Italian manager values the French group at 915 million - The Chinese offer, supported by the new Brazilian ally Nelson Tanure, was firm at 23,50 euros - At midday, the Club Med share was suspended due to excess…
Club Med: new relaunch of Fosun
The Chinese conglomerate has raised its offer to 23,50 euros per share, exceeding the one presented by Andrea Bonomi's Global Resorts by 50 cents.
Club Med still in the red, Giscard d'Estaing: "We will return to profit in 2015"
The group disputed by the Chinese of Fosun and the Italian Andrea Bonomi records a loss of 9 million in the 2013-14 financial year - The villages are down but the high range is growing.
Club Med, Bonomi raises to 23 euros and rises to 15,93% of the capital
The new offer of the Italian Global Resort exceeds the 839 million euros of the Chinese fund Fosun, when the deadline for the counter-offer would have expired in two days, Thursday 13 November - Club Med shares suspended on the Paris Stock Exchange.
Stock market: Club Med is up, possible relaunch of Bonomi
The Italian entrepreneur has until November 13 to present an offer that exceeds the 22 euro per share of the Chinese Fosun - Stock market runs
Club Med, the French Consob has given the green light to Fosun's offer
Beaten Andrea Bonomi who could however relaunch. The offer should start tomorrow and end on November 20th.
Club Med board of directors "recommends" the Chinese takeover bid at 22 euros
The board "found that this project is the best from a financial point of view" - The offer of Gaillon II, a consortium led by the Chinese Fosun, is 22 euros per share and represents a raise compared to the 21 euro takeover bid…
Club Med, unions vote against Chinese takeover bid
There were eight votes against and only three in favour: the opinion of the unions is only advisory, but is absolutely required by law.
Club Med, Bonomi writes to Paris and rejects the Chinese
In a letter sent to the tourism group's headquarters, the Italian investor expresses "strong concern" about the project of its Chinese competitors. "Some essential elements of the proposed acquisition of Gaillon Invest II and Fidelidade do not respond to the social interest of the company".
Club Med: satisfactory Fosun offer, expected response from an independent expert
The relaunch of the Chinese Fosun met with the appreciation of Club Med's top management: "It is an offer that combines the creation of value for shareholders and aims to strengthen the group's strategy with further investments" - The French company…
Deflation slows down Piazza Affari
Piazza Affari flat in the middle of the day - The markets await news from the geopolitical front and the US macro data, while they snub those of the Eurozone, which, moreover, are merciless to Italy: industrial production at its lowest since 2009, deflation is advancing - The euro…
Club Med, the relaunch of the Chinese consortium is official: offer of 839 million
This was communicated by Fosun, majority partner of the new offer in consortium with its Portuguese subsidiary Fidelidade (insurance), the French investment fund Ardian and the travel agency U-tour: the new offer therefore surpasses that of the Italian financier Andrea Bonomi, …
Club Med, title suspended in Paris: the market is betting on the counter-takeover bid by the Chinese of Fosun
Club Med suspended at the opening of the Paris Stock Exchange, after yesterday evening the share closed at 21,27 euros, above Bonomi's offer of 21 euros - A last minute counter-bid by the Chinese fund Fosun, according to Afp, is a hypothesis "very…
Club Med, Bonomi near the goal
Italian tourism is losing positions compared to France and Spain but an Italian-born financier, Andrea Bonomi, is one step away from acquiring Club Méditerranee, after Gaillon Invest, the vehicle created by the two shareholders of the resort operator,…
Telecom Italia offers 7 billion through Tim Brasil for Gvt: it is. Milan is up this morning
From today the advisors of Gvt and Telecom are working to find an alternative agreement to the Brazilian offer of Telefonica: after the equal integration between Tim Brasil and Gvt, Vivendi should take over 20% of Telecom - Fiat: with the increases…
Club Med, Bonomi takeover bid: green light from the French Consob
The start date of the takeover bid has not yet been officially communicated, but according to financial sources, the offer should start on August 18th and end on September 19th.
Club Med, half yes to Andrea Bonomi
The French group's board of directors deemed Global Resorts' offer compliant, but expressed "reservations about the strategy and some contradictory statements that appeared in the press".
Club Med, the CDC resists pressure from Giscard
The French Caisse des Depots, despite pressure from the president of Club Med Henry Giscard d'Estaing, denies that it is studying participation in any of the offers on the table for the tourism services company - The question remains open…
Giscard jr, Club Med and the ridiculous screen of being French: are tourist villages strategic?
To defend his seat, the father-owner of Club Med supports the Ardian-Fosun takeover bid and opposes Bonomi's more advantageous counter-takeover bid by appealing to the French nature of the company and knocking on public coffers - A story that recalls the defense of Camembert…
Club Med, it's the Italy-France derby: Bonomi doesn't convince CEO Giscard d'Estaing
The CEO of the world number one in holiday villages, Henri Giscard d'Estaing (son of the former president of the French Republic), underlined that the sale to the Italian entrepreneur Andrea Bonomi, whose takeover bid reached 790 million euros (21 euros for…
Takeover bid Bonomi, Club Med soars on the Stock Exchange
Before the deadline imposed by the French Consob at 18 pm yesterday, the Italian financier had filed a 790 million euro offer - The offer, made through Investindustrial, represents a 22% premium compared to the 17,50 euro takeover bid (577 million Of…
Les Echos: Bonomi, takeover bid of 21 euros per share on Club Med
According to the French financial newspaper Les Echos, the offer, whose terms expired today at 18 pm, is 21 euros per share, well higher than the 17,5 euro offer already formulated by the French-Chinese duo Ardian-Fosun, which currently hold almost the…
Bonomi ready for the counter-takeover bid on Club Med
The shares of the French group Club Mediterranée were suspended in the middle of the day due to excessive increases on the Paris Stock Exchange, while the 18 pm deadline set by the French Authorities is approaching, within which Andrea Bonomi must clarify the…
Club Med opens data room at Investindustrial
The French company specifies that this opening to give Investindustrial access to information does not count as a ruling regarding a possible Italian offer.
Investindustrial evaluates takeover bid on Club Med
Strategic Holdings, the company controlled by Bi Invest which became the first shareholder of Club Med with 10,7%, indicates that "it could consider an alliance with Investindustrial" in the context of a takeover bid on Club Med, taking a share of minority in a company…
Club Med, Bonomi becomes the first shareholder
The Italian financier, who recently entered the capital of Club Med, exceeded 10% of the group's capital yesterday, thus becoming the first shareholder and surpassing Ardian and Fosum.