A Chinese airline is launching a staggeringly intensive acquisition in Europe。

European Times, headquartered in Paris, France, reported on the 14th，China HNA Group and its French shareholder SELECTOURAFAT Travel Agency，It has been announced on the 12th that it has made a "fixed" offer for the acquisition of FRAM Group。There is relevant news，The quotation this time is 40 million euros (approximately 2.9 billion yuan)。

Previously，Spanish media As reported on September 17，HNA Group may acquire 51% of the shares of La Liga Espanyol Club，Thus becoming the largest shareholder，And bear all the debts of the Espanyol Club。

Earlier August 28，HNA Investment signed a contract to acquire the British Reuters headquarters 188bet sports betting app download building，Achieved first major acquisition in London。July 30，HNA Group signed an acquisition agreement with private equity fund PAI Partners。HNA Group acquired CHF 2.7 billion (approximately 180.3.1 billion yuan)，Acquisition of 100% equity of Swissport Group。July，Bohai Leasing, a subsidiary of HNA Group, issued an announcement，The company plans to use 26.2.1 billion yuan acquisition of Avolon, an Irish aircraft leasing company listed on the New York Stock Exchange。

As of press time，Jie News did not receive a reply from HNA Group regarding the acquisition。

FRAM Group is a French national travel agency with a history of more than 60 years，The company headquartered in Toulouse recently stated through a press release，Received acquisition bids from HNA Group and SELECTOURAFAT Travel Agency。FRAM Group Name，HNA Group has started an in-depth financial audit process on September 9，The audit agency has agreed to their plan，And submitted a fixed offer acquisition plan to acquire FRAM Group。

The press release did not mention HNA Group’s specific quotation，But "European Times" reported，The quotation reaches 40 million euros (approximately 2.9 billion yuan)，SELECTOUR AFAT’s shareholding ratio involved in this transfer is 10%。HNA Group also faces competition from local French travel agencies 188bet app download in this acquisition，FRAM Group revealed，French KARAVEL-PROMOVACANCES online travel agency group focusing on online sales of travel products，Also submitted an offer for the planned acquisition。

FRAM Group has performed poorly in recent years，In order to ensure the survival of the group，The company hopes to open up equity，Win investors。Reported by French "Echo" website on September 1, 2015，French FRAM Group will seek Chinese funds for blood transfusion，Potential partner is HNA Group。reported，FRAM Group’s turnover in 2014 was 3.7.3 billion euros (approximately 27.0.6 billion yuan)，Decreased by 8% compared with 2013。Profit is only 4.4 million euros (approximately 3192.570,000 yuan)，Loss is expected to return in 2015。For this，The group has sold some high-quality assets，Make up the deficit。

Early this year，China’s second richest man、Fosun Group Chairman Guo Guangchang defeated Italian bidder，Acquired Club Med as desired。Club Med is an international resort hotel group registered in France，Company founded in 1950。Fosun Group in order to complete this acquisition，5 acquisition offers for Club Med，Not willing to offer a price 44% higher than the original quote，Finally won the longest acquisition battle in the history of French securities trading。

HNA Group is not registered 188bet app download in France，It is the majority shareholder of France’s Blue Eagle Airlines。2012，China HNA Group for 30 million euros (approximately 2.RMB 1.8 billion) acquires 48% of the shares of France's Blue Eagle Airlines。Blue Eagle ranks second only to Air France.），is the second largest airline in France。

HNA Group has been in development for 22 years，Hinan Airlines is the fourth largest airline in China。HNA Group’s business scope covers aviation、Industry、Travel、Capital and Logistics，Total assets nearly 500 billion yuan，Participating in 10 A-share listed companies，Has more than 30 overseas companies。In the Fortune Global 500 list just released in July，HNA Group appears on the list for the first time，With annual operating income of 256.USD 4.6 billion (approximately 1627.1.9 billion yuan) ranked 464th。

FRAM Group is a family business，Two branches of the founding family have always held 80% of the shares，Air France owns 9% of its shares，560 employees employed in total，Has more than 50 travel agencies。