When did Fosun buy Club Med?
Fosun International Limited officially completed its prolonged, highly publicized multi-billion-dollar takeover of the French luxury resort and vacation village operator Club Méditerranée in early 2015, following an intense bidding war against competing investors. The successful acquisition allowed the Chinese conglomerate to take Club Med private, integrating the iconic vacation brand into its global tourism portfolio and expanding upscale resort operations across worldwide destinations.
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