French travel icon, Club Med, will be likely Chinese-owned by February 9 after regulators approved the takeover bid by Fosun International, which has offered €24.60 per share for the resort operator, valuing it at around €939 million. Fosun has been in a bidding war with Italian businessman Andrea Bonomi for Club Med since May, 2013, the longest takeover fight in the history of the Paris Bourse.
