Delek Group Ltd. agreed to sell its controlling stake in Phoenix Holdings Ltd., Israel’s fourth- largest insurance provider by market value, to China’s Fosun International Ltd. The Netanya, Israel-based holding company announced on Sunday it would sell its entire 52 …
Ironshore Inc. announced the formation of the Chinese Investment Practice Group, building upon its relationship with Fosun International, to identify Chinese investment opportunities in U.S.-based companies and assets. Fosun is in the process of completing its acquisition of Ironshore . …
A $1.2 billion share sale by Fosun International Ltd. this month was likely only the start of a love affair with equity deals, bankers say, as the Chinese conglomerate seeks to cut reliance on debt to fund its huge acquisition …
Fosun International Ltd., the Chinese conglomerate that’s been buying insurers and property overseas, plans to raise $1 billion partly to fund acquisitions in the insurance industry. The company will sell the shares at HK$19.48 to HK$20.32 each, according to a …
Fosun International Ltd., the investment arm of China’s biggest closely held conglomerate, is planning a $1.84 billion merger with Ironshore Inc. after buying the shares it doesn’t already own in the Bermuda-based insurer. Fosun’s unit Mettlesome Investment 2 will combine …
OneBeacon Insurance Group Ltd., a specialty insurer controlled by White Mountains Insurance Group Ltd., is exploring a sale, according to people with knowledge of the matter. OneBeacon has drawn interest from companies including China’s Fosun International Ltd., said the people, …
Ping An Insurance (Group) Co., China’s second-biggest insurer, rose to the highest in more than four years in Hong Kong stock trading on Thursday after it said profit jumped 40 percent last year. The shares advanced 4.6 percent to HK$92.60 …
Fosun International Ltd., backed by Chinese billionaire Guo Guangchang, is vying with Ping An Insurance (Group) Co. to acquire 18 buildings on Berlin’s Potsdamer Platz square, people with knowledge of the matter said. Fosun and Ping An, China’s second-largest insurer, …
Fosun Group, China’s biggest closely- held conglomerate, hired Hong Kong’s best-performing bond fund manager from Bocom International Holdings Co. to manage investments for its European insurers. Tongli Han, 36, will be the global chief investment officer for fixed income at …
