Fosun International Ltd., the Chinese insurance-to-tourism conglomerate, is seeking investors for a minority stake in its reinsurance business ahead of a possible initial public offering, according to people familiar with the matter. The sale of shares in Peak Reinsurance Co. …
Fosun International Ltd , one of China’s most aggressively acquisitive conglomerates, said its chief executive and vice president stepped down in a surprise reshuffle that has raised concerns over the group’s strategy. The resignation of co-founder and Chief Executive Liang …
Fosun International Ltd., the flagship of the Chinese conglomerate that owns Club Mediterranee SA, signaled the company will announce information related to initial public offerings of its healthcare assets before the end of the year. News about the matter and …
Fosun Group, one of China’s most acquisitive conglomerates, is preparing to sell as much as 40 billion yuan ($6 billion) in assets as it focuses on raising its credit rating to above junk. After announcing more than $15 billion in …
The protracted sale process of two of Israel’s largest insurance providers faced further setbacks on Sunday as concern grew over a Chinese probe into Fosun International Holdings Ltd. Fosun’s troubles represent the latest setback for Delek Group Ltd., which needs …
Fosun International said on Friday its Chairman Guo Guangchang, one of China’s best-known entrepreneurs, is assisting authorities with an investigation, after an earlier report said the group lost contact with its billionaire founder. Guo, the self-styled student of investor Warren …
