ACCOR: Update on Accor/Club Méditerranée Synergies
Accor (ots/PRNewswire) - Following the European Commission's authorization on October 19th of Accor's acquisition of a 28.9% stake in Club Méditerranée, the two companies have identified the synergies to be developed and defined priority programs to be implemented. Based on current estimates, these synergies will gradually contribute to both partners' earnings, with a combined net gain of 17 million euros ...