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Business / Economy

Risks rise for Chinese companies' overseas M&As

By Li Xiang (China Daily) Updated: 2015-02-12 07:27

No 8 Fosun International Ltd acquired insurance businesses of Caixa Seguros e Saude SGPS SA of Portugal.

Deal value: $1.412 billion

Risks rise for Chinese companies' overseas M&As

Chinese conglomerate Fosun International Ltd is moving into the US property and casualty (P&C) insurance market by acquiring Meadowbrook Insurance Group for about $433 million. Provided to China Daily

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