Fosun tries again with new Club Med Hong Kong IPO bid
The plan would mark the third time as a public company for the resort operator, following previous listings in Paris, and later in Hong Kong as Fosun Tourism Key Takeaways:…
Fosun’s Portuguese makeover moves ahead with $360 million health disposal
The conglomerate’s sale of 40% of Luz Saúde is its latest divestment in Portugal, though it continues to own major stakes of that and other assets in the country Key…
Fosun International sheds real estate assets in Portugal
On a mission to shrink its international footprint and contain debt, the conglomerate has sold off property holdings in what was a key European base Key Takeaways: The building units…
Fosun Tourism travels back to home base with delisting plan
The resort operator is being absorbed back into the Fosun group via a buyout offer to minority shareholders, with a focus on China’s domestic travel market Key Takeaways: Fosun Tourism’s…
Bumpy ride for Fosun Tourism as bargain holidays on the rise
The Chinese owner of the Club Med chain and other travel brands is facing tighter tourism spending and could become a casualty of its parent’s debt problems Key Takeaways: Fosun…
Fosun Tourism’s post-Covid holiday fizzles
The resort unit of one of China’s leading conglomerates posted modest growth in the first quarter, as its broader outlook was clouded by debt issues at its parent Key Takeaways:…
Fosun International on cusp of new ‘asset-light’ era with latest sale
The conglomerate is selling its stake in multinational insurer Ageas, extending a slimming exercise touched off by a liquidity crisis in 2022 Key Takeaways: Fosun International’s total debt-to-capitalization ratio stood…
