Insight and Intelligence on the London & International Insurance Markets 24 Apr 2018
Fosun confirms investment intent
- 29 March 2018
Chinese conglomerate Fosun has said it intends to spend $3.2bn on technology in the next three years after an active 2017 for overseas dealmaking, the company's CEO told the Financial Times.
The interview was published as Fosun was contemplating a new bid for Greek state-owned insurer Ethniki after Exin Group lost an agreement for deal exclusivity on Wednesday.
Fosun CEO Wang Qunbin quantified the technology investment figure in an interview following the release of full-year results for 2017 which showed...
- If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership
- Login Free trial