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Ageas

Chinese conglomerate Fosun International sells German private bank HAL to ABN Amro for US$731 million to boost liquidity

by Anas Siddiqui
Chinese conglomerate Fosun International sells German private bank HAL to ABN Amro for US1 million to boost liquidity

Fosun International, one of China’s largest private-sector conglomerates, has accelerated its pace of asset disposal after agreeing to sell German lender Hauck & Aufhauser Lampe (HAL) to Dutcj bank ABN …

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China’s Fosun International sells stake in Belgian insurer Ageas to BNP Paribas to reduce debt, focus on core businesses

by Anas Siddiqui
China’s Fosun International sells stake in Belgian insurer Ageas to BNP Paribas to reduce debt, focus on core businesses

Fosun International, one of China’s largest private-sector conglomerates, has agreed to sell an 8.2 per cent stake in Belgian insurer Ageas to BNP Paribas for about €670 million (US$714 million) …

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