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Fosun Buys Stake in Russia's Top Gold Miner for $887 Mln

A consortium of investors led by China's Fosun International Ltd will buy a 10 percent stake in Russia's top gold producer Polyus for $887 million, they said on Wednesday (5/31). Russia, the world's third largest gold producer, has been looking for investments in Asia, mainly in China, since the West…

China Life Takes 95% Stake in $950m US Real Estate Portfolio

Leading mainland insurer China Life is taking a 95 percent stake in a portfolio of US logistics and manufacturing centers, business parks and healthcare facilities valued at nearly $1 billion, as the Chinese giant continues to show a taste for platform deals. China Life Insurance Co has agreed to provide…

Anbang Buys Amsterdam Hotel from Blackstone for $392m

Anbang Group has forged another deal with Blackstone, buying an Amsterdam hotel from the US private equity giant for €350 million ($391.6 million), Dutch real estate news site PropertyNL has reported. The deal marks Anbang’s latest acquisition from Stephen Schwarzman’s New York-based firm, in a partnership that has seen the…
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