Financial News
Fosun Secures EUR670 Million for Completion of Ageas Sale
By:
ACN Newswire
October 16, 2024 at 02:36 AM EDT
Source familiar with the matter stated that Fosun International acquired Ageas shares at a low price in its early years. Dividends over the years and proceeds from the disposal have yielded Fosun a considerable return. The transaction was completed on October 3, 2024, and Fosun has received a full payment nearly EUR670 million in cash, the source said.
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