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FOSUN INTERNATIONAL
Fosun is said to plan block deals to pare stake in Gland PharmaThe listed arm of billionaire Guo Guangchang’s Fosun International Ltd. holds about 58% of Gland Pharma, which has a market value 303 billi...- Blackstone set to buy diamond grading company IGI for up to $550 millionPE to buy IGI from Fosun, founders, small shareholders in a deal likely to be signed this weekend.
- Fosun Said to Mull Sale of India’s $3.6 Billion Gland PharmaA sale would help Gland’s Chinese owner raise cash as the once-acquisitive group seeks to shore up its balance sheet. Fosun International h...
- Gland Pharma rallies 9% as Fosun mulls selling controlling stake in firmA sale would help Gland’s Chinese owner raise cash as the once-acquisitive group seeks to shore up its balance sheet. Fosun International h...
- Gland Pharma slides further on weak Q2, stress at FosunThe pessimistic outlook by the rating agency triggered speculation that the Chinese firm may likely sell its stake in the Indian pharma com...
- China's Fosun may exit Delhivery, Thrasio eyes India forayFosun International, a Chinese conglomerate that invested in Delhivery in 2017, has sold a part of its stake for $50 million, and could exi...
- Exclusive: Fosun sells part of its stake in Delhivery to Lee Fixel's AdditionThe deal values the new-age logistics services provider at around $4 billion.
- Chinese firm-backed Gland Pharma files for IPO; may raise up to Rs 6,000 croreThe company may raise up to $800 million or Rs 6,000 crore, a source with the knowledge of the matter said.
- Covid-19 forces famed circus operator Cirque du Soleil to file for bankruptcy protectionCirque du Soleil has also cancelled shows and laid off its artistes.
- Alpine Capital, Fosun RZ donate 20,000 Covid-19 testing kits to IndiaA number of high profile entrepreneurs and investors have begun to donate significant numbers of Covid-19 prevention materials and testing ...
- Chinese biz major Fosun donates masks to India to fight Covid-19The first batch of medical protective supplies to India, 5,000 pieces of surgical masks that were cleared for use in the “red zone” of hosp...
- China’s Fosun International group in talks to acquire Medall HealthcareUS firm Constellation Alpha had earlier agreed to buy the Indian diagnostic chain, but deal fell through.
- Fosun leads a Rs 67-cr round in fintech startup KisshtPrior to the latest capital raising initiative, the two-year old company had raised about $3 million across its seed and Series-A equity fi...
- Fosun Pharma acquires 74% stake in Gland Pharma for $1.09 billionFosun Pharma and Fosun International indirectly hold approximately 74 per cent equity interest in Gland Pharma, the joint statement added.
- Fosun may invest in 2 to 3 Indian startups by year endThe venture firm is actively hunting for startups in the logistics and fintech space to invest in early-stage opportunities.
- Chinese conglomerate Fosun International to make its first investment in India in IxigoThis would be the first venture transaction by Fosun International in India after setting shop in the country almost a year ago
- Enter the dragon: China’s Fosun International plans to invest $1 billion via realty private equity platformThe diversified investments firm is bringing on board Apurva Muthalia, the CEO of Aditya Birla Real Estate Fund, to head this new arm in In...
- China's Shanghai Fosun to acquire 86% stake in Gland Pharma for $1.4 billionShanghai Fosun will acquire the shares held by Gland Pharma founders Ravi Penmetsa and his family and PE giant KKR.
- China's Fosun to buy KKR backed Gland Pharma for $1.4 billionFosun has agreed to acquire 96 percent stake, which includes shares held by founders of Gland Pharma Ravi Penmetsa and family and private e...
- China stocks slump as report of missing billionaire Guo Guangchang compounds woesThe Hang Seng China Enterprises Index retreated for a seventh day, led by industrial and power companies.
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