Guo Guangchang
Fosun Group Plans Asset Sale Worth $40 Billion to Reduce Debt
Girish Shetti | | Aug 02, 2016 09:45 AM EDT |
Fosun Group, a Chinese firm known for its acquisition spree, is set to part away with some of its assets worth 40 billion Yuan ($6 billion) in a bid to improve its credit rating.
Chinese Conglomerate Fosun International Buys English Championship Club Wolves
Girish Shetti | | Jul 22, 2016 08:21 AM EDT |
Chinese conglomerate Fosun International led by billionaire Guo Guangchang has acquired English football club Wolverhampton Wanderers.
Fosun Group Shrugs Off Brexit Worry, Will seek more Opportunities in UK and Europe
Girish Shetti | | Jun 29, 2016 08:34 AM EDT |
Fosun Group, a Chinese international conglomerate and private investment company, will be seeking more investment opportunities in the United Kingdom and European markets, despite the ongoing volatility due to Britain's decision to leave the European Union, a move often shortened as Brexit.
Fosun Group Leads the Race to Acquire Indian Pharmaceutical Company Gland Pharma
Girish Shetti | | Jun 08, 2016 05:12 PM EDT |
Shanghai Fosun Pharmaceutical (Group) has emerged as a top bidder for Indian pharmaceutical company, Gland Pharma.
China's Shandong Ruyi Technology to Buy KKR's SMPC Share
Charissa Echavez | | Apr 08, 2016 09:18 AM EDT |
China's Shandong Ruyi is buying Kohlberg Kravis Roberts & Company's 70 percent share in the French luxury brand SMCP Group, KKR announced on Thursday.
China's Fosun to Acquire London's Landmark Office Complex
Charissa Echavez | | Mar 24, 2016 07:33 AM EDT |
China's Fosun International Ltd. is assumed to be speeding up international expansion following its latest acquisition in London.
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