Investindustrial appointed his advisors in structuring the possibile takeover offer on Club Méditerranée shares together with Strategic Holdings, the investment veichle controlled by Bonomi family’s holding BI-Invest, MF-Milano Finanza writes today confirming what French newspaper Les Echos wrote yesterday.
The private equity operator whose principal partner is Andrea Bonomi chose Kpmg and Mc Kinsey as financial and business advisors, CBRE for real estate matters, Cleary, Gottlieb Steen & Hamilton law firm for legal issues and Willis forn the insurance due diligence. On the communication front Havas Media has been chosen to be on the side of Italian Ad Hoc, which has been Investindustrial’s communication agency for years.
In the last few days other Club Medìs shareholders go on adjusting their positions. French Authority for financial markets (Amf) internet site writes that hedge fund Polygon Global Partnes reached a 6.07 pct stake in Club Med’s capital from 5.62 pct at the end of May, while Ubs lowered a little its stake from 5.62 pct to 5.59 pct. Those stakes compare to the one of Strategic Holdings (10.566 pct) and the ones of Ardian private equity fund and Chinese conglomerate Fosun International, who launched a tender offer of Club Med shares at 17.50 euro per share, who own respectively a 8.94 pct and a 9.5 pct stake.
