Fosun cancels US$462m acquisition of Israeli insurer

February 18 2016 by

Fosun has terminated its plan to buy Israeli insurer Phoenix from Delek Group for about US$642 million, the company said in a Hong Kong Stock Exchange statement.

The Chinese conglomerate cited in a...

To continue reading the full article and get full access to the InsuranceAsia News platform, please enquire about a subscription.

Your company may already have a corporate license in place.

Already a Subscriber? Please Login

MORE FROM: Legal/Regulatory
Partner Content