China'S Fosun Eyes Brazil Hospital Deals

China's Fosun eyes Brazil hospital deals

 05-Oct-16, Reuters

Chinese conglomerate Fosun International Ltd is in advanced talks to acquire Hospital da Bahia, a Brazilian hospital in the northeastern city of Salvador, for about 1 billion reais ($308 million), according to a newspaper report.

Chinas Fosun eyes Brazil hospital deals (c) Fosun International Ltd

Image: Fosun International Ltd

Brazilian business daily Valor Economico reported that Fosun was also looking to spend an additional 2 billion reais on other acquisitions to form a Brazilian hospital chain.

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