Brief: Fosun International Says SIHL Enters Settlement With Cainiao Over Alibaba Negotiations
29/08/2025 11:35
Aug 29 (Reuters) - Fosun International 0656.HK: SIHL ENTERS SETTLEMENT WITH CAINIAO OVER ALIBABA NEGOTIATIONS CANCELLATION PRICE SET AT $0.62 PER CAINIAO SHARE SETTLEMENT WILL NOT AFFECT GROUP'S 2025 PROFIT OR LOSS TOTAL CONSIDERATION FOR ALL CAINIAO SHARES HELD BY SIHL SHALL BE $349.8 MILLION Further company coverage: 0656.HK ((Reuters.Briefs@thomsonreuters.com;))