BNP Paribas considers buying Fosun's Ageas stake, Bloomberg News reports [Reuters]
FOSUN INTL LTD UNSP/ADR (FOSUY)
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ir.fosun.com
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Source: Reuters
Fosun International's (0656.HK) , opens new tab stake in Belgian insurer Ageas (AGES.BR) , opens new tab , Bloomberg News reported on Thursday, citing people with knowledge of the matter. The lender's discussions on a possible purchase of Fosun's holding in Ageas might not lead to a transaction, the report said. BNP Paribas, Ageas and Fosun did not immediately respond to Reuters' requests for comment. Separately, Britain's Direct Line (DLGD.L) , opens new tab on Wednesday rejected a revised 3.17 billion pound ($4.04 billion) takeover bid from Ageas. ($1 = 0.7841 pounds) Get a look at the day ahead in U.S. and global markets with the Morning Bid U.S. newsletter. Sign up here. Reporting by Mrinmay Dey in Bengaluru; Editing by Shounak Dasgupta and Shweta Agarwal Our Standards: The Thomson Reuters Trust Principles. , opens new tab
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