Searched for
GUO GUANGCHANG
Blackstone acquires diamond certification co IGI for $570 mnBlackstone on Sunday said that it has acquired International Gemological Institute (IGI) from China's Fosun and Roland Lorie, part of the f...21 May, 2023, 07.28 PM IST- 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.18 May, 2023, 12.51 AM IST
- Chinese business tycoons, executives who disappeared from public viewChina Renaissance said late on Thursday it had been unable to contact founder Bao Fan, a disclosure that sent its stock down as much as 50%...21 Feb, 2023, 10.41 AM IST
- Gland says not heard from its promoter Fosun about the potential saleThe debt-laden Chinese conglomerate Fosun controlled by billionaire entrepreneur Guo Guangchang has been looking to sell non-core assets, t...29 Nov, 2022, 05.22 PM IST
- 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
- China’s Fosun pulls out of $300 million healthcare deals amid negative sentimentAccording to sources, both deals were at an advanced stage, and Fosun had formally proposed terms for acquiring a stake in the companies, o...15 Jul, 2020, 08.43 AM IST
- China still has a treasure chest of overseas real estate to sellReal estate asset sales by Chinese companies have surged to $12.3 billion since January.24 Dec, 2018, 07.38 PM IST
- Hong Kong's world-beating IPO market starts to show cracksA parenting website part-owned by Alibaba Group on Tuesday delayed the launch of its HK IPO.13 Nov, 2018, 02.42 PM IST
- Jack Ma's crazy rich Asian odyssey has a timely endTime and time again, Chinese billionaires on lists of the super-wealthy have been cut down to size.10 Sep, 2018, 12.35 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
- Nitesh Estates soars 20% in early trade; here’s whyThe scrip jumped 19.95 per cent to its fresh 52-week high of Rs 15.93 on Thursday.04 Jan, 2018, 04.25 PM IST
- Doklam effect? India said to block Fosun's $1.3 billion Gland purchaseThe companies haven’t been formally notified yet of the move, the people said, asking not to be identified because the information is priva...01 Aug, 2017, 04.00 PM IST
- Two Chinese companies hit roadblock with Indian investmentsIn June 2016, India allowed automatic approval for foreign investments up to 74% in pharmaceutical manufacturing.06 Jan, 2017, 01.03 AM 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
Load More
