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Fidelidade News

Fosun’s Fidelidade Says It Plans to Carry Out an IPO in 2025

Fidelidade-Companhia de Seguros SA, a Portuguese insurer controlled by China’s Fosun International Ltd., said it’s planning to carry out an initial public offering in 2025. That share sale would take place after Fidelidade completes a planned IPO of hospital operator …

Fosun to Buy 51% Stake in Espirito Santo

Rioforte Investments SA will sell a 51 percent stake in Espirito Santo Saude SGPS SA to Fosun Group’s Fidelidade unit after that bidder raised its offer price for the Portuguese hospital operator. Rioforte said it agreed to sell the 51 …

China’s Fosun Hikes Offer for Portugal’s Espirito Santo

China’s Fosun raised its offer for Portugal’s Espirito Santo Saude (ESS) to 5.01 euros a share from 4.82 on Thursday, above U.S. firm UnitedHealth’s offer of 5 euros made directly to the bankrupt Espirito Santo family. The hospital business of …