Chinese billionaire Guo Guangchang is set to sweeten his bid for the struggling French holiday group Club Mediterranee (CMIP.PA) to trump Italian tycoon Andrea Bonomi's offer in France's longest-running takeover battle.
Club Med
Breaking News
France's market authority has approved Club Med's sale to consortium of French and Chinese investors.
Members of the board of Club Med have agreed to sell their stake on the company.
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