Fosun International: its subsidiary Fidelidade sells 40% equity for 310 million euros.
Fosun International announced on the Hong Kong Stock Exchange that its indirect subsidiary Fidelidade has signed an agreement with MEIF7. According to the agreement, the seller agrees to sell and the buyer agrees to purchase 40% of the shares and voting rights of the target company at a base price of 310 million euros. After the transaction, the seller will hold 59.86% of the shares and voting rights of the target company, which will continue to be a subsidiary of the company.
Latest