BNP Paribas to Acquire Fosun’s Stake in Belgian Insurer Ageas April 15, 2024 By Mathieu Rosemain and Kane Wu BNP Paribas, the euro zone’s biggest bank, has agreed to buy a 9% stake in Ageas from China’s Fosun Group...
China’s Fosun Plans to Raise $3.2B to Boost Domestic M&A: Sources December 29, 2017 By Bloomberg News Fosun Group is planning to raise as much as 21 billion yuan ($3.2 billion) selling local bonds as the Chinese...
China’s Anbang Turns Attention to Digesting $13.5B of Overseas Deals September 7, 2016 Anbang Insurance Group Co., known for its aborted attempt to buy Starwood Hotels & Resorts Worldwide Inc. in March, is...
China’s Fosun Looks at UK, Europe Investments on Brexit Volatility June 29, 2016 By Jason Subler Fosun Group, China’s biggest private conglomerate, will look for more opportunities in the United Kingdom and Europe in the volatile...
China’s Fosun Aims to Lead in Insurance, Tourism, Healthcare; Plans to Cut Debt May 18, 2016 By Axel Bugge and Sergio Goncalves Fosun Group, China’s largest private conglomerate, is aiming to become a world leader in insurance, tourism and healthcare but also...
Chinese Insurers Seek Strategic Tie-Ups, M&As to Tap Western Expertise October 13, 2015 By Richa Naidu Chinese insurers are pursuing strategic tie-ups and outright mergers and acquisitions to tap Western expertise. They are keen for knowledge...
Swiss Re CFO: Some Reinsurance Deals in Time May Prove ‘Adventuresome’ September 15, 2015 By Jonathan Gould Some takeovers in the reinsurance industry by investors from outside the sector may ultimately be viewed as “adventuresome,” the chief...
Fosun’s Guo to Slow Down Global Buying Spree of Insurers, Banks September 14, 2015 By Bonnie Cao and Ye Xie Chinese billionaire Guo Guangchang, who calls himself a student of Warren Buffett, says he will slow down a global buying...
China’s Fosun Plans to Raise $1 Billion to Fund Insurance Industry Acquisitions May 11, 2015 By Joyce Koh and Fox Hu Fosun International Ltd., the Chinese conglomerate that’s been buying insurers and property overseas, plans to raise $1 billion partly to...
Updated: China’s Fosun to Buy Remaining Shares in Ironshore for $1.84B May 4, 2015 By Regina Tan, Sonali Basak and Zeke Faux Fosun International Ltd., the investment arm of China’s biggest closely held conglomerate, is planning a $1.84 billion merger with Ironshore...