PARIS: Italian businessman Andrea Bonomi has launched a counter offer for French holiday-resort operator Club Med, outbidding terms proposed by Chinese company Fosun and French firm Ardian.
The new offer made late on Monday, ends several months of suspense over Bonomi’s intentions.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!