Fosun to Sell 40% Stake in Portugal's Luz Saude to Macquarie Group

Reported about 11 hours ago

Fosun International, a Hong Kong-listed conglomerate, announced its subsidiary will sell a 40% stake in Luz Saude, a Portuguese hospital operator, to MEIF 7 Med Holdings, affiliated with Australia's Macquarie Group, for €310 million. Following this sale, Fosun’s Portuguese insurer Fidelidade will retain nearly 60% ownership. The transaction reflects increasing private equity interest in Portugal's healthcare sector.

Source: YAHOO

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