The Club Med soap opera, or the price of patience

Les Echos reports that the parliamentarians have decided to set a maximum of five months for the Paris Court of Appeal to examine the appeals on the AMF’s approvals. It cites the case of the takeover bid from Fosun and Ardian for Club Med, in which CIAM successfully got the offer raised to 24.60 euros per share, instead of the 17 euros originally planned.

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