Singapore CapitaLand is in deep talks to acquire a minority stake in French luxury resort chain Club Med from Fosun International, Bloomberg said, citing people familiar with the matter.。The CapitaLand Group's real estate investment firm is seeking to acquire about 20-30% of Club Med for hundreds of millions of euros.。CapitaLand is understood to be the most likely buyer after beating out multiple rivals, including private equity firms。Talks are ongoing and no final decision has been made。
Singapore CapitaLand is in deep talks to acquire a minority stake in French luxury resort chain Club Med from Fosun International, Bloomberg said, citing people familiar with the matter.。The CapitaLand Group's real estate investment firm is seeking to acquire about 20-30% of Club Med for hundreds of millions of euros.。CapitaLand is understood to be the most likely buyer after beating out multiple rivals, including private equity firms。Talks are ongoing and no final decision has been made。
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