(BFM Stock Exchange) – The Chinese group Fosun said Thursday, June 12, not having any Introduction Project of the Travel Group. This statement comes in the day after the Figaro declarations of its manager wishing to return from Club Med to the Paris Stock Exchange by the first half of 2026.

It’s not in the pipes. The Chinese group Fosun indicated this Thursday, June 12, not having, for the time being, a project of Introduction on the stock market of Club Med, of which he is the majority shareholder.

“Fosun Tourism regularly examines various strategic and financial options, depending on the development plans and long -term interests of the company. At this stage, we have no project of Introduction on Club Med,” Fosun said in a statement transmitted to AFP.

“In the future, the board of directors of Club Med will carry out an in-depth assessment and will determine the best option to support sustainable and long-term development of the company,” he added.

This statement of Fosun comes in the aftermath of the CEO of Club Med pleading for a return from the leisure group to the Paris Stock Exchange, ten years after its acquisition by the Chinese conglomerate after a long scholarship shelf.

Best option to finance the strategic plan

In an interview with Le Figaro, Henri Giscard d’Estaing estimated that a Club Med rating from 2026 was the best option to finance the strategic project of the leisure group

“In recent months, I have acquired the conviction that the best way to implement our Forever Young strategic project is to return to the Paris Stock Exchange from the first half of 2026,” said its president, Henri Giscard d’Estaing, in an interview with Le Figaro published Wednesday, June 11.

A stock market rating would “give Club Med a financial flexibility useful to its growth objectives and the shareholder diversity it needs,” then continued its manager.

A valuation of almost 2 billion euros

“The group could be valued at nearly two billion euros” and this win-win project for Fosun and Club Med “also benefits from large support in France, had also added the group’s president to Le Figaro.

Bpifrance, the financial arm of the French State was also ready to enter the capital of Club Med. “The French authorities support this project, and Bpifrance is ready to become a shareholder of Club Med,” also told Figaro Henri Giscard d’Estaing, who adds that he was approached by “the main French banks” to pilot this return to the Stock Exchange to Paris.

However, Henri Giscard d’Estaing still had to convince his Chinese shareholder of the merits of the option on a stock market for the travel group.

In 2024, the Chinese conglomerate had sought to open the capital of Club Med to new investors. But this project had not succeeded, for lack of new partners ready to embark on this adventure. One of the two candidates, the CVC fund had even “thrown in the towel”, had revealed sources at BFM Business in December 2024.

It was also in 2024 that Fosun had changed his governance of Club Med without dismissing Henri Giscard d’Estaing, but surrounding him with three delegated managing directors.

Fosun also added in its press release published this Thursday that “the French identity of Club Med is at the heart of the brand’s value” and that Fosun Tourism “remains fully committed to the long -term development of Club Med and testifies to a deep respect for the inheritance and the French heritage of the brand”.