Chinese company circles Ageas – reports
Fosun is said to be interested in buying some or all of the Belgian insurer.
Ageas has declined to comment on market speculation that Chinese investment company Fosun is interested in buying the business.
Bloomberg reported yesterday (24 July) that Fosun is considering an offer for all or parts of Ageas as it seeks to expand its international footprint.
Fosun declined to comment.
Bloomberg noted that, as of yesterday, Ageas has a value of €10.8bn (£9.6bn).
However, Insurance Age understands that Ageas has received no indication of concrete interest from Fosun.
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