Fosun offers $580m for Espírito Santo Saúde

Chinese Conglomerate Fosun further expands its asset portfolio in Portugal by acquiring ES Saude, the Portuguese Hospital operator. Fosun’s appetite for Portuguese assets is on the rise.

The Portuguese media reported that Fosun recently expressed told the Board of the Port of Lisbon that it was interested in investing in the capital’s port activity, particularly in the exploration of the future container terminal in Barreiro and future marina on the Tagus River.
Alongside this Fosun has been investing in shares of national power grid company Redes Energéticas Nacionais (REN), whose main shareholder is China State Grid, and now owns 5 percent of the company.