China's Fosun International is considering selling its minority stake in insurance giant Ageas.
Bloomberg news agency reported this on Monday based on information from insiders.
Fosun, which owns 10 percent of Ageas's shares, is working with advisors to explore the sale of all or part of its stake in Ageas. Converted, Fosun's stake in Ageas was worth 736 million euros on Friday.
The Chinese company could sell the shares through one or more block trades, the sources said.
Ageas declined to comment to Bloomberg. The share fell 3.5 percent in Brussels on Monday.
