Fosun International On Cusp Of New ‘Asset-Light’ Era With Latest Sale
Key Takeaways:
Fosun International’s total debt-to-capitalization ratio stood at 50.4% at the end of last year, down 2.9 percentage points from the previous year
The company recently announced the sale of most of its stake in Belgian insurer Ageas, and has raised 57.3 billion yuan from similar asset sales over the past two years
