Search results for “Fosun”
Hainan Airlines seeks overseas acquisitions to build global network
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
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
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.
Club Med to open 15 new resorts by 2019
French resort operator Club Med, owned by Chinese group Fosun, plans to open 15 new resorts worldwide in the next three years, including one in China and one in Japan in 2017.
Ixigo confirms $15 million Series B, Paytm partners with booking.com
Indian travel search engine Ixigo has completed its USD 15 million Series B round, with Sequoia Capital and Fosun Kinzon backing the raise.
Fosun-Thomas Cook JV aims at affluent Chinese travelers
Thomas Cook set up a high-end travel agency with Fosun in a bid to capture a more lucrative slice of China’s booming vacation market.
China investors splashed $9.25b on buying overseas hotels
China’s investors have splashed USD 9.25 billion snapping up hotels and accommodation worldwide in 17 deals so far this year.
French ski resort firm seals $117m deal before Winter Olympics in China
France's ski resort developer Montagne & Neige Developpement more than doubled in value after winning a USD 117 million order to develop a new site in China that has ambitions to host 2022 Winter Olympics events.
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