Fosun Resort Chain Club Med Is Said to Consider Hong Kong for IPO
Club Med branding at La Caravelle beach in Sainte Anne, Guadeloupe.
Photographer: Benoit Durand/AFP/Getty ImagesClub Med SAS is considering an initial public offering and is looking at Hong Kong, according to people familiar with the situation.
The French group — part of China’s Fosun International Ltd. — 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’t guaranteed to result in an IPO in the city, they said.