19.07.2010 - Sultan of Brunei targets Club Med
From Independent: The sultan of Brunei's sovereign wealth fund, BMB Group, is expected to make an offer for the package holiday outfit Club Med later this week. Paris-listed Club Med, which introduced Europeans to the all-inclusive holiday in the 1950s, is expected to be sold to BMB, which controls investments on behalf of the Sultan, for about €800m (£676m)..............................................Full Article: Source
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