Fosun to Keep Supporting Its Portuguese Portfolio
Fosun International will continue supporting its Portuguese assets including Millennium bcp and Fidelidade. This follows a significant loss reported for 2025.
The conglomerate FOSUN INTERNATIONAL LTD has reaffirmed its long-term commitment to its operations in Portugal, despite ongoing speculation regarding potential divestments to bolster its balance sheet. The group, headquartered in China, emphasized its intention to continue supporting the strategic development and growth of its key assets in the region, which include major players in the banking and insurance sectors.
Over the last decade, the firm has established a significant presence in the Portuguese market. Its primary holdings include Millennium bcp, the largest listed bank in the country, and Fidelidade, the nation's leading insurer. While the group has previously reduced its stake in Millennium bcp to approximately 20%, it maintains a controlling 85% interest in Fidelidade.
