'Shanghai's Hutchison Whampoa' acquires 19.2% of German Private Bank
Hong Kong-listed Fosun International Limited says the company and a fund under its management have acquired a 19.18% interest in Frankfurt-based German private bank BHF-BANK. After the transaction, Fosun International together with its fund will become the second largest shareholder of BHF-BANK, according to a company announcement. The investment was…
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