Fosun forms strategic collaboration with Denmark's Axcel
Fosun International, the investment arm of Chinese conglomerate Fosun Group, has announced a strategic collaboration with Danish private equity fund Axcel, in a move to identify business opportunities in both China and Europe. The agreement is expected to be signed during President Hu Jintao’s official visit to Denmark in mid-June.
The partnership will see Fosun facilitate Axcel in deal-sourcing in China, where personal relationships always play a crucial role. Fosun has also expressed interests in co-investing with Axcel regarding...
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