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Fosun acquired Club Med, the storied resort chain, in 2015 after the longest takeover battle in French corporate history. (Photo courtesy of Fosun Tourism Group)
Company in focus

Club Med's Chinese owner Fosun bets billions on family fun

Conglomerate aims to turn Western icons into reliable moneymakers

ERI SUGIURA, Nikkei staff writer | China

TOKYO/SINGAPORE -- When Li Jingjie needs a break from her job as an editorial director in Shanghai, one of her favorite getaways is just a three-hour drive away: Club Med.

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