Fosun's debt-reliant M&A strategy, pending deals to hit block with probe on founder Guo

Fosun's debt-reliant M&A strategy, pending deals to hit block with probe on founder Guo

Billionaire Guo Guangchang, Executive Director and Chairman of Fosun International, attends the annual general meeting of the Chinese conglomerate in Hong Kong, China May 28, 2015. REUTERS/Bobby Yip

Chinese conglomerate Fosun Group’s aggressive international acquisitions strategy may hit a speed bump if Beijing extends a probe into the affairs of its billionaire chairman Guo Guangchang, bankers and credit analysts say.

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