Fosun

The Chinese owner of Thomas Cook is plotting an outright sale of the British holiday brand three years after it rescued the name from corporate ignominy.Sky News has learnt that Fosun Tourism Group is in preliminary…

:China's Fosun International Ltd said on Monday it would raise $561 million by selling part of its shares in Zhaojin Mining Industry Co as part of its ongoing string of asset sell-downs.The company, through one of its units, is offloading…

LISBON: China's Fosun International said on Wednesday (Oct 26) that its 30 per cent stake in Portugal's largest listed bank Millennium bcp is not for sale after reports that it could sell assets in the country to cut its debt. Fosun,…

Tata Consultancy Services is vying for a share of contracts worth a whopping $50 billion from the US government, we report today. Even a partial win would be huge for India's largest software exporter.Also in this letter:China's Fosun sells…

China's Fosun International has sold a large part of its stake in online travel company ixigo to Invesco's Emerging Market Innovators Fund for $15 million, three sources with knowledge of the development said. The stake sale came after the…

China's Fosun International has sold a part of its stake in Delhivery to former Tiger Global executive Lee Fixel’s Addition, and late-stage equity fund Bay Capital, valuing the new-age logistics services provider at around $4 billion, three…

Fosun International, a Chinese conglomerate that invested in Delhivery in 2017, has sold a part of its stake in the logistics firm for $50 million, sources told us, and could exit the startup completely before its IPO.Also in this…