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Search results for “Fosun International”
Cirque du Soleil acquires Blue Man, eyeing China market
07/10/2017
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1:28:04 PM
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Canadian entertainment company Cirque du Soleil acquired US-based Blue Man Group in a move to diversify its portfolio and expand its international reach, particularly in China.
Fosun comfy in Club Med
06/27/2017
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3:51:19 PM
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Club Med reported an operating profit up by 36% to 44.1 million euros in 2016. The company plans to open eight resorts soon, including new operations in France and Japan.
Greek resort built by Fosun is hoped to revive tourism for the island paradise
06/07/2017
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7:44:43 PM
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Fosun International is joining hands with a consortium from Abu Dhabi to invest US$7.9 billion in developing a resort on a site in a southwest suburb of Athens that measures three times the size of Monaco.
Hainan Airlines seeks overseas acquisitions to build global network
06/26/2017
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9:09:57 AM
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Like its acquisitive parent HNA Group, Hainan Airlines is looking to bolster growth by buying assets on its own outside China, undeterred by potential headwinds posed by regulatory scrutiny.
HNA slows M&A pace after US$50b buying spree in past 2 years
06/06/2017
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8:49:20 PM
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As the global market is increasingly complicated, the HNA Group will slow down in making acquisitions, having amassed overseas assets to make up 30% of its portfolio that contribute to half of the group’s revenue.
Fosun spins off travel unit for IPO in 2020
12/01/2016
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9:02:17 AM
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China’s private conglomerate Fosun International announced on November 29 that it will complete spin-off of its travel arm by the end of this year for a potential IPO in 2020.
Fosun's tourism unit to raise funds for overseas purchase
02/15/2017
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2:23:14 PM
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Fosun Tourism & Culture Group is in discussions with domestic and international investors for its first round of capital raising to boost overseas investments ahead of flotation, said president Jiannong Qian.
Fosun mulls independent IPO of travel business
08/22/2016
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8:05:30 PM
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China's Fosun Group, owner of French resort operator Club Med, considers an IPO to help fund expansion in China, its second biggest market for sales.
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