Fosun talks €500m bridge with China lenders

Bank of China and ICBC are expected to arrange Fosun’s €500 million bridge loan to acquire the insurance arm of Portugal’s Caixa Geral de Depósitos

Fosun International is attempting to firm up a €500 million ($686 million) bridge loan for its acquisition of an 80% stake in the insurance arm of Portuguese state-owned Caixa Geral de Depósitos.

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