Fosun International News
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Fosun’s Fidelidade Says It Plans to Carry Out an IPO in 2025
Apr 25 2024 // Fidelidade-Companhia de Seguros SA, a Portuguese insurer controlled by China’s Fosun International Ltd., said it’s planning to carry out an initial public offering in 2025. That share sale would take place...
BNP Paribas to Acquire Fosun’s Stake in Belgian Insurer Ageas
Apr 15 2024 // BNP Paribas, the euro zone’s biggest bank, has agreed to buy a 9% stake in Ageas from China’s Fosun Group for about 730 million euros ($780 million), making it the biggest shareholder in the Belgian...
BNP Paribas Considers Buying Fosun’s Ageas Stake
Mar 15 2024 // BNP Paribas SA is considering a potential acquisition of Fosun International Ltd.’s stake in Belgian insurer Ageas, according to people with knowledge of the matter. The French lender has been holding discussions on...
Fosun Said to Revive Sale of Hong Kong’s $1 Billion Peak Re
Feb 9 2024 // Fosun International Ltd. has revived a plan to sell Hong Kong-based Peak Reinsurance Co. after failing on a previous attempt, according to people familiar with the matter. BNP Paribas SA is helping the Chinese conglomerate...
Generali Agrees to Sell German Specialized Pension Unit to Fosun-Backed Company
May 4 2023 // Italy’s top insurer Generali said on Thursday it had agreed to sell its German specialized pension unit to Fosun-backed Frankfurter Leben as it seeks to improve profitability in the life business and free up capital....
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