RE: FOSUN6 Mar 2019 14:46
Fosun have plenty of cash now waiting to buy up another tourism group, we all hope it will be TCG.
DEC 2018, Fosun Tourism Group, operator of the Club Med holiday business, on Friday said it has raised US$428 million in its initial public offering (IPO), pricing shares at the bottom of a marketed range.
Fosun Tourism, part of conglomerate Fosun International Ltd , sold 214.2 million shares at HK$15.60 each, the bottom of an indicative range of HK$15.60 to HK$20.00.