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Financials

Fosun-owned Hauck & Aufhaeuser buys Bankhaus Lampe

FRANKFURT, March 5 (Reuters) - German lender Hauck & Aufhaeuser, owned by the Chinese conglomerate Fosun, said on Thursday that it had struck a deal to buy another German lender, Bankhaus Lampe.

Lampe’s owner, the billionaire Oetker family whose main interest is in food and beverages, has been shedding non-core assets to concentrate on its core business. (Reporting by Tom Sims;Editing by Elaine Hardcastle)

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