Apr 24, 2024 03:10 AM
BUSINESS
Fosun’s Fidelidade Intends to Carry Out an IPO in 2025
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(Bloomberg) — Fidelidade–Companhia de Seguros SA, a Portuguese insurer controlled by China’s Fosun International Ltd., intends to carry out an initial public offering in 2025.
The share sale will take place after Fidelidade completes an IPO of hospital operator Luz Saude SA, which plans to list its shares in the Euronext Lisbon exchange. Luz Saude would be Portugal’s first IPO in three years.
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