Fosun pays HK$12.7b for three Portuguese insurance firms

Fosun International, a Hong Kong-listed investment company, has beaten a US firm to acquire three Portuguese state-owned insurers for €1.21 billion (HK$12.76 billion).

via Business feed http://www.scmp.com/business/china-business/article/1402675/fosun-pays-hk127b-three-portuguese-insurance-firms