Fosun Acquires Majority Interest in TENAX Capital Limited
LONDON, July 2, 2019 /PRNewswire/ -- Fosun International Limited (SEHK stock code: 00656) ("Fosun International"), one of the world's leading family-focused multinational companies, announced today the acquisition of a majority shareholder interest in TENAX CAPITAL Limited ("TENAX"), a boutique a...
S&P Revised Outlook on Fosun International to "Positive"
HONG KONG, May 29, 2019 /PRNewswire/ -- S&P Global Ratings ("S&P") announces it has revised the outlook on Fosun International Limited ("Fosun", HKEx: 00656) to positive from stable, "BB" rating affirmed. S&P expects the liquidity and diversity of Fosun's assets to continue to improve, given Fo...
Fosun's Protechting Program wins UNGC's China Network award for its Sustainable Development in China
Director-General of Fosun Foundation was invited to join in the board of United Nations Global Compact China Network LISBON, Portugal, Dec. 17, 2018 /PRNewswire/ -- Protechting, the startup acceleration program promoted by Fosun, has been awarded the "Sustainable Development 2018 Enterprise Be...
Fosun International Unveils Asia Pacific's First Atlantis Resort in Sanya, China
SANYA, China, April 29, 2018 /PRNewswire/ -- China's first Atlantis resort in the city of Sanya has officially opened, culminating four years of anticipation for aCNY 11 billon (close to US Dollar two billion) project, developed by owning company - Fosun International and managed by reputable and...
Fosun International and HSBC Sign Strategic Cooperation Agreement
SHANGHAI, March 26, 2018 /PRNewswire/ -- Fosun International Limited ("Fosun International") (00656:HK) and The Hongkong and Shanghai Banking Corporation Limited ("HSBC") today signed a strategic cooperation agreement ("the Agreement"), providing strong support for the future growth strategy of F...
Fosun to acquire Brazilian firm Guide Investimentos
HONG KONG, Feb. 27, 2018 /PRNewswire/ -- Fosun, one of the world's leading family-focused multinational companies,signed on Feburary 26 (Brazilian local time) an agreement to acquire Guide Investimentos, a fast-growing Brazilian institutional brokerage and wealth management firm based in Sao Pa...
Fosun Becomes Majority Shareholder of French Luxury Brand Lanvin
PARIS, Feb. 22, 2018 /PRNewswire/ -- Fosun International Limited (SEHK stock code: 00656) ("Fosun International") and its subsidiaries (together "Fosun") announced the acquisition of a controlling stake in Jeanne Lanvin SAS (d/b/a "Lanvin"), the oldest luxury couture house inFrance still in exist...
Arix Bioscience and Fosun International sign strategic agreement to develop and commercialise new clinical therapies for patients
LONDON and HONG KONG, Feb. 19, 2018 /PRNewswire/ -- Arix Bioscience plc (LSE:ARIX) ("Arix Bioscience" or the "Company"), a global healthcare and life science company building and financing innovative young medical businesses and Fosun International Limited (00656:HK) ("Fosun"), jointly announce a...
/C O R R E C T I O N -- Fosun International Limited/
In the news release, Fosun International Successfully Priced 300 Million USD Bond, issued29-Nov-2017 by Fosun International Limited over PR Newswire, we are advised by the company that the second paragraph, first sentence, should read "final orders standing atUS$725 million" rather than "final or...
InsurTech Conference by Fosun Gains Global Reputation in Its Second Year
SHANGHAI, Nov. 21, 2017 /PRNewswire/ -- Today Fosun Group convened the 2nd Global Insurtech Innovation Conference (GIIC) inShanghai, which has been widely recognized as one of the most influential global events of its kind. In November last year, under the name of Global Insurtech Innovation Foru...
Fosun's invested company Millennium BCP Signs Agreement with UnionPay International to Be First European Issuer of UnionPay Cards in Europe
SHANGHAI, Nov. 20, 2017 /PRNewswire/ -- Portugal's leading private bank Millennium BCP andChina's leading national electronic payments clearing system UnionPay today signed an agreement to develop their mutual businesses together through a long-term relationship at the Bund Global Financial Summi...
Club Med, more premium, global and digital: new record for the Winter 2017 season and growth for the summer season
NICE, France, June 27, 2017 /PRNewswire/ -- Club Med's Opio Resort near Nice inFrance reopened last week. Henri Giscard d'Estaing, President of Club Med, shared the company's recent results and the new development strategy at the opening ceremony. As one of the core portfolio companies of Fosu...
Fosun and Hauck & Aufhauser Privatbankiers are key partners of the G20 Young Entrepreneurs' Alliance (G20 YEA) Summit to promote the Protechting program
BERLIN, June 16, 2017 /PRNewswire/ -- * As key partners of the G20 YEA, Fosun Group and German private bank Hauck & Aufhauser Privatbankiers show their support to young entrepreneurs and innovation * Ms. Lan Kang, representing Fosun Group, delivered an inspiring speech to encourage young ...
Fosun Intends to Increase Stake in the Leading German Fashion and Lifestyle Brand TOM TAILOR Holding AG to Up to 30%
HONG KONG, Jan. 8, 2016 /PRNewswire/ -- Fosun International Limited (HKEx stock code: 00656), intends to increase its stake in TOM TAILOR Holding AG (TOM TAILOR GROUP) to more than 25%, but below 30%. To this end, Fosun has entered into an arrangement with a private seller, pursuant to which addi...
