On September 17, it was reported that Keppel Investment, a subsidiary of Keppel Corporation in Singapore, is in deep negotiations with fosun intl, planning to acquire approximately 20-30% of the shares of ClubMed, a one-price all-inclusive leisure and vacation service provider under the fosun tourism group, for hundreds of millions of euros. There are reports that Keppel Investment has become the most likely buyer after defeating multiple competitors including private equity firms. As of the deadline, fosun tourism stated that they have no comment on the news. Keppel also stated that they will not comment on market rumors or speculation. (The Paper)