Chinese Fosun International sets eyes on Polish unit of Raiffeisen

Chinese investment fund Fosun International is interested in the purchase of the Polish unit of  Raiffeisen, also known as Raiffeisen Polbank, Reuters reported on Monday citing two anonymous sources. Poland's biggest insurer PZU has already submitted an offer to buy the lender, the agency informed earlier this month. Therefore, Fosun may face serious competition. "The Chinese are in the game. They had meetings with the management board and also inside the bank. This is the Chinese fund Fosun," one of the sources told Reuters. Neither Fosun nor PZU gave any comment on the matter.