Fosun International (HK:0656) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Fosun International has finalized a supplemental agreement for the acquisition of Wansheng, initially valued at RMB2.65 billion. The agreement outlines a structured payment plan, with a recent payment of RMB1 billion already made and subsequent installments planned until July 2025. This strategic acquisition highlights Fosun’s continued expansion efforts in the market.
For further insights into HK:0656 stock, check out TipRanks’ Stock Analysis page.