Fosun International News
China’s Fosun International to Acquire Controlling Stake in Israeli Insurer
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, ...
Ironshore to Spot U.S. Asset Purchases For Fosun, Its Chinese Owner
Ironshore, will help spot U.S. businesses and assets to buy for Fosun International, the Chinese conglomerate slated to become owner of the Bermuda –based insurer and reinsurer. These assets, in ...
China’s Buffett at Fosun Looks to Fund Acquisition Spree with Share Sales
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 ...
UPDATED: China’s Fosun International to Combine With Ironshore in $1.84B Merger
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 ...
OneBeacon Said to Explore Sale, Drawing Interest From Fosun
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 ...
Ironshore Eyes ‘Strategic Growth Opportunities’ After Fosun Buys 20% Stake
China's Fosun International has completed plans to grab a 20 percent stake in Ironshore Inc., a billion-dollar insurance holding company led by former AIG executives. The Shanghai-based investment ...
Meadowbrook Insurance Sells Itself to China’s Fosun International For $433M
Chinese conglomerate Fosun International Ltd. is closing out 2014 with a plan to buy Meadowbrook Insurance Group for $433 million. The deal, at $8.65 per share, will allow Fosun to gain a big ...
China Investment Firm to Buy Big Stake in Ironshore
An investment group from China will buy a big stake in in Ironshore Inc., a billion-dollar insurance holding company led by former AIG executives that filed plans for a $100 million IPO in late June. ...