Fosun's Global Operational Prowess Forged through Years of Dedication in HAL
Fosun International (HKEX: 0656) continues to advance its globalization strategy. HONG KONG, June 7, 2024 - (ACN Newswire) - On 28 May, Fosun International issued an announcement on the Hong Kong Stock Exchange announcing the sale of 99.743% of its subsidiary’s shares in the German private bank, Hauck Aufhäuser Lampe Privatbank AG (HAL), to ABN AMRO Bank for a total consideration of approximately EUR670.3 million. Upon the completion of this transaction, Fosun International will no longer hold shares in HAL, but will fully retain the shares of Hauck & Aufhäuser Fund Services S.A. (HAFS) held b...