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FOSUN INTERNATIONAL GROUP
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...29 Nov, 2022, 04.53 PM IST- 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...29 Nov, 2022, 03.24 PM IST
- 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.04 Oct, 2021, 06.00 AM IST
- 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.10 Jul, 2020, 10.19 PM IST
- Fosun RZ Capital leads $17 million funding round in IRP SystemsFounded in 2015 by Moran and Paul Price, IRP Systems specialises in high-performance electric powertrain systems for a variety of e-mobilit...22 May, 2020, 01.36 PM IST
- 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 ...14 Apr, 2020, 11.06 AM IST
- Stellaris, Fosun and others fund Lithius Energy“Making shared mobility work reliably at scale, while keeping it affordable and convenient, is a massive technology problem. We spent many ...24 Oct, 2019, 12.06 PM IST
- 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.01 May, 2019, 06.42 AM IST
- China’s Fosun shifts focus on early-stage startups in IndiaThe investor, which has made a mix of mid-to-late-stage and public equity investments in India, has built a team to focus on early-stage st...14 Jun, 2018, 06.48 AM IST
- China’s Fosun emerges as the fourth contender for cash-strapped Fortis healthcareChina's Fosun has assets of $75 billion and an existing investment in India’s Gland Pharma, which it purchased from US buyout giant KKR.18 Apr, 2018, 08.18 PM IST
- Fosun targets Fortis: A white knight or a dark horse?Often known as China's Warren Buffett, Guo Guangchang prefers to be his student instead. His mysterious disappearance last year raised many...18 Apr, 2018, 02.52 PM IST
- 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.04 Oct, 2017, 06.58 PM IST
- 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.28 Jul, 2016, 12.49 AM IST
- 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...27 Jul, 2016, 10.37 AM IST
- Fosun leads the race to buy Gland Pharma with $1.27 billion bidComing from behind in a closely fought race that saw US giant Baxter and private equity fund Advent make firm offers early May, Hong Kong-l...06 Jun, 2016, 01.25 AM IST
- 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.12 Dec, 2015, 07.18 AM IST
- China’s search engine Baidu, conglomerate Fosun scouting to invest in Indian startupsBaidu is China’s most popular search engine. The company is listed on Nasdaq and has a market cap of $52 bn. Fosun is listed in Hong Kong.04 Sep, 2015, 04.35 PM IST
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