Key Takeaways: Fosun International’s total debt-to-capitalization ratio stood at 50.4% at the end of last year, down 2.9 percentage points from the previous year The company recently announced the sale of most of its stake in Belgian insurer Ageas, and has raised 57.3 billion yuan from similar asset sales over the past two years
The future of Pakistan Steel Mills remains uncertain, reminiscent of its position in 2015. Unfortunately, the caretaker government has declared PSM a non-viable asset, leading to the suspension of the privatization process for the country’s.