Fidelidade Said to Be Worth at Least €3 Billion in Revived IPO
Fidelidade–Companhia de Seguros SA, the Portuguese insurer controlled by Chinese conglomerate Fosun International Ltd., is carrying out preliminary work toward a potential listing in Lisbon that could value the company...
By Jorge Zuloaga, Henrique Almeida, Pablo Mayo Cerqueiro · Bloomberg Markets
Fidelidade–Companhia de Seguros SA, the Portuguese insurer controlled by Chinese conglomerate Fosun International Ltd., is carrying out preliminary work toward a potential listing in Lisbon that could value the company at more than €3 billion, according to people familiar with the matter.