Deutsche Bank, DWS eye stake in Fosun-controlled firm, Bloomberg News reports
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Deutsche Bank and its asset management arm DWS Group are considering investing in a significant minority stake in Frankfurter Leben, a life insurance consolidator controlled by Fosun International. This potential investment could enable Frankfurter Leben to pursue acquisitions and resume issuing new life insurance policies. The company currently manages around 700,000 insurance contracts with an investment portfolio valued at approximately 13 billion euros.
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