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Strategic benefits of the equity stake<br />

for Accor<br />

The acquisition of a 28.9% stake in Club Méditerranée is in<br />

line with Accor’s long-term growth strategy.<br />

It strengthens our position in the high potential Leisure<br />

market.<br />

It enables us to <strong>de</strong>liver a full range of products and services<br />

to business and leisure customers.<br />

2

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