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fosun international

Shanghai Henlius Biotech shares soar in Hong Kong after Fosun’s US$690 million buyout offer

by Anas Siddiqui
Shanghai Henlius Biotech shares soar in Hong Kong after Fosun’s US0 million buyout offer

China International Capital Corp (CICC) and Fosun International Capital, a subsidiary of Fosun International, are joint financial advisers for the deal. “The listing status of the company no longer provides …

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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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Chinese conglomerate Fosun International to accelerate asset sales as deleveraging campaign boosts financial profile

by Anas Siddiqui
Chinese conglomerate Fosun International to accelerate asset sales as deleveraging campaign boosts financial profile

Fosun International, one of China’s largest private sector conglomerates, will hasten its exits from noncore businesses to lower its indebtedness and focus on its cash-flow generating assets in a bid …

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Chinese conglomerate Fosun’s tourism unit says it is ‘financially sound’ amid reports of Atlantis Sanya stake sale

by Anas Siddiqui
Chinese conglomerate Fosun’s tourism unit says it is ‘financially sound’ amid reports of Atlantis Sanya stake sale

Fosun Tourism Group, the leisure and tourism unit of Chinese conglomerate Fosun International, said on Wednesday that it is “financially sound”, amid reports that its parent firm is mulling the …

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