These are just more petty shop but a real craving for investment as leading Chinese groups in France. With two key objectives, and those jewels of tourism transport.
AccorHotels, European leader in hotels (Mercure, Ibis, Sofitel …), is the latest target. Jin Jiang, champion of the hotel industry continues to want up to its capital. At the point of worry the government.
After acquiring 5% of Accor’s capital in 2014, the Chinese group went into high gear in recent months. Since February, he was successively mounted to 10% and 15% of capital. According to The Le Figaro Friday, June 3, it now would seek the participation of 11.8% held by the investment fund Colony Capital and Eurazeo .
creeping takeover
if successful, it would become the leading shareholder in Accor. His ambition, however, could bring even higher. Up to 29% of the capital, just under the threshold beyond which it should trigger a tender offer (OPA) on the entire group’s capital.
No matter for the State of openly oppose this creeping takeover of big names in the CAC 40. the risk would be too great as Beijing takes …
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