BRIEF-Fosun Pharma To Invest In Health Insurance Firm With IFC, ADB

Reuters2025-03-31

March 31 (Reuters) - Shanghai Fosun Pharmaceutical Group Co Ltd 600196.SS:

SAYS CO, IFC, ASIAN DEVELOPMENT BANK PLAN TO BUY NEWLY ISSUED SHARES FROM HEALTH INSURANCE FIRM FOR 270 MILLION YUAN ($37.23 million) EACH
SAYS CO WILL HOLD 20.1% STAKE IN THE FIRM AFTER THE INVESTMENT

Source text

Further company coverage: 600196.SS

($1 = 7.2530 Chinese yuan renminbi)

(Reporting by Beijing Newsroom)

((Xiuhao.Chen@thomsonreuters.com;))

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