Fosun

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Fosun International
复星 国际

logo
legal form
ISIN HK0656038673
founding 1992
Seat Shanghai , People's Republic of ChinaChina People's RepublicPeople's Republic of China 
management Guo Guangchang , Executive Director and Chairman of Fosun International
sales 61.7 billion renminbi (7.56 billion euros )
Branch Conglomerate
Website www.fosun.com
Status: 2014

Fosun International Limited ( 國際 有限公司 in Chinese  ) is the largest privately held conglomerate in the People's Republic of China . Founded by four graduates from Fudan University in Shanghai in 1992 , the company has its headquarters there and was registered in Hong Kong in 2007 and traded on the Hong Kong stock exchange.

In 2014, 15% of sales of around 9 billion euros were generated in the financial sector and 85% through industrial holdings (especially steel). However, the profit was distributed 35% to finance and 65% to industry.

history

In March 2014, Fosun acquired 19.18% of BHF-Bank . The shares were sold on to the French private bank Oddo in early 2016 . At the end of 2014, Fosun announced that Meadowbrook was the first US insurance company to be fully taken over by a Chinese company for around US $ 433 million.

In the course of the takeover of SEB Asset Management AG by the British real estate service provider Savills , a real estate package was also for sale on Potsdamer Platz in which Fosun is interested. Finally, a takeover by the Canadian real estate investor Brookfields followed .

On July 8, 2015, it was announced that Fosun will take over the majority of the Hauck & Aufhäuser bank . Fosun took over the bank in September 2016.

On December 11, 2015, trading in Fosun shares on the Hong Kong stock exchange was suspended until further notice, and company boss Guo Guangchang disappeared without a trace. Fosun later said that Guo Guangchang was "assisting the police in some investigation." The corporation announced on December 14, 2015 that Guangzhou was returning.

In December 2016, the Fosun Group took over 16.7 percent of Banco Comercial Português (BCP) and are planning to increase this to 30 percent.

In March 2018 it was announced that Fosun intends to take over 50.87% of the Austrian textile manufacturer Wolford from the founding families Wilhelm and Palmers . Fosun has held 58% of Wolford since May 2018.

On June 19, 2018 it was announced that Fosun had taken over the FFT Group from Aton GmbH .

Industry sectors

Insurance

Industrial companies

Investment

Asset management

property

Web links

Individual evidence

  1. ^ Fosun> Leadership. Retrieved September 27, 2019 . }
  2. a b Annual Report 2014
  3. ^ Fosun International Limited Background
  4. ^ Fosun Invested in BHF German Largest Independent Private Bank
  5. Fosun sells BHF shares to French private bank Oddo. Retrieved June 28, 2019 .
  6. China's Fosun to buy US insurer to help finance acquisition spree . Thomson Reuters , December 30, 2014
  7. Potsdamer Platz becomes a plaything . welt.de. Retrieved July 8, 2015
  8. Potsdamer Platz has been sold. Retrieved June 28, 2019 .
  9. Small, nice and now Chinese . In: Süddeutsche Zeitung Online from July 8, 2015.
  10. ^ Hauck & Aufhäuser: Fosun successful with takeover of a private bank . ( handelsblatt.com [accessed October 14, 2017]).
  11. http://www.cash.ch/news/alle/starinvestor_in_china_verschwunden_aktien_von_fosun_vom_handel_ausetzt-3399478-448
  12. Nina Trentmann: The returnee. Head of the week: Guo Guangchang. welt.de, December 20, 2015, accessed on September 7, 2017 .
  13. http://www.dw.com/de/chinesen-auf-einkaufstour-in-portugal/a-36555048
  14. Wolford goes Chinese: Owner families Wilhelm and Palmers sell 51 percent to Fosun industriemagazin.at, March 1, 2018, accessed March 1, 2018.
  15. FFT sold to FOSUN - Manfred Hahl: "Logical step to expand profile" , at www.osthessen-news.de , accessed on June 19, 2018
  16. Xiaoxiao Kang: Fosun Pharma bidding $ 22.5 mln for US Saladax . Morning whistle. March 5, 2013. Archived from the original on March 26, 2013. Info: The archive link was automatically inserted and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Retrieved April 3, 2013. @1@ 2Template: Webachiv / IABot / www.morningwhistle.com
  17. ^ Chinese Firm Is Behind a Group Bidding for Club Med
  18. http://www.dgap.de/dgap/News/all?newsID=1012347
  19. ^ Martin Hock: New chairman of the supervisory board: Fosun tightens control over Tom Tailor . ISSN  0174-4909 ( faz.net [accessed June 28, 2019]).
  20. http://company.wolford.com/de/wolford-ag-erhaben-der-reststrukturierung-sichtbar-erstmals-wieder-positiver-free-cashflow/
  21. ^ Georg Winters: Dr. Oetker sells Bankhaus Lampe to the Chinese. In: Rheinische Post Online. March 5, 2020, accessed March 6, 2020.