<\/p>\n
Club Med SAS is considering an initial public offering (IPO) and is looking at Hong Kong, according to people familiar with the situation.<\/p>\n
The French group \u2014 part of China\u2019s Fosun International \u2014 is in talks with banks about working on the potential share sale, the people said, asking not to be identified discussing a private matter. Deliberations are ongoing and aren\u2019t guaranteed to result in an IPO in the city, they said.<\/p>\n
Listen\/read:
Syncerus boss speaks on KZN\u2019s big Club Med and Seaton developments
Longstanding Club Med boss Henri Giscard d\u2019Estaing \u2018pushed out\u2019<\/p>\n
A representative for Fosun Tourism Group said the company regularly evaluates strategic options, but there are no definitive capital market plans at present.<\/p>\n
ADVERTISEMENT<\/p>\n
CONTINUE READING BELOW<\/p>\n
Meanwhile, Club Med CEO St\u00e9phane Maquaire said in an interview with Le Figaro on Wednesday that an IPO might happen at the end of this year or in 2027.<\/p>\n
Hong Kong, Paris and Amsterdam are being considered as venues, while Shanghai isn\u2019t, Le Figaro added, citing unidentified sources.<\/p>\n
Maquaire became CEO and president in July 2026, taking over from Henri Giscard d\u2019Estaing, who said he was pushed out\u00a0by Fosun due to a disagreement over strategy and governance.<\/p>\n
Read\/listen:
NSRI secures water safety role at new North Coast Club Med SA resort
Club Med SA beach resort will \u2018change the North Coast forever\u2019
Club Med: What SA\u2019s most expensive resort means for destination-scale tourism
Club Med South Africa beach resort set for July 2026 opening
Club Med R2bn beach resort for KZN North Coast [Sept 2023]<\/p>\n
Giscard d\u2019Estaing, who led Club Med for more than two decades, had suggested a listing in Paris. In 2024, Singapore\u2019s CapitaLand Investment was in talks to buy a 20%-30% stake in Club Med, people familiar with the matter\u00a0said at the time.<\/p>\n
ADVERTISEMENT:<\/p>\n
CONTINUE READING BELOW<\/p>\n
Fosun, backed by billionaire Guo Guangchang, owns Club Med through Fosun Tourism. The resort operator is known for its all-inclusive packages that include food and drinks and many leisure activities. Founded in 1950, Club Med operates about 70 resorts globally covering sun and ski destinations.<\/p>\n
A Fosun-led consortium in 2015\u00a0bought\u00a0what was then Club M\u00e9diterran\u00e9e in a deal valued at \u20ac939 million ($1.1 billion), beating out Italian investor Andrea Bonomi in a bidding war that lasted more than a year.<\/p>\n
More than $13 billion has been raised in Hong Kong listings this year, on track for the highest quarterly proceeds since 2021, according to data compiled by Bloomberg. Bloomberg Intelligence expects the total to top $40 billion in 2026.<\/p>\n
\u00a9\u00a02026\u00a0Bloomberg<\/p>\n
#Chinas #Fosun #Club #Med #SAS #Hong #Kong #IPO<\/p>\n","protected":false},"excerpt":{"rendered":"
Club Med SAS is considering an initial public offering (IPO) and is looking at Hong…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[458,3261,7061,6305,1042,6306,5059,415],"_links":{"self":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/3089"}],"collection":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3089"}],"version-history":[{"count":0,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/3089\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}