Fosun Won Two Major M&A Awards
On September 22, Fosun was proud to receive two rewards from the M&A Atlas Awards in New York: the “Asia Pacific Private Equity Firm of the Year” and the “Global Entertainment & Media Deal of the Year”. The awards ceremony was held at the Harvard Club of New York City.
Fosun was chosen as the winner for the “Asia Pacific Private Equity Firm of the Year” after competing with other finalists such as Bain Capital, KKR and other prestigious investment groups. Shanta Kumari, Founder and CEO of Global M&A Network, said that “From Bermuda to Paris, from Michigan to New York, Fosun has become a world-class investment group. We are excited to see its growth.”
At the same time, Fosun won the “Global Entertainment & Media Deal of the Year” due to its investment in Cirque du Soleil, another important initiative after Fosun’s investment in global leading brands, such as Club Med, Atlantis Hotel in Sanya, Thomas Cook and Folli Follie. Fosun has actively involved itself in the post-acquisition management to bring Cirque du Soleil’s world-class performing arts to the Chinese audience. The first permanent show of Cirque du Soleil in China will soon be released in Hangzhou. The investment is a good example of combining China’s growth momentum with global resources.
In the future, Fosun will continue to seek for strong and unique products globally and help them grow in the Chinese market.