The French financial services major, BNP Paribas, will acquire China’s Fosun Group’s stake in Belgian insurer Ageas for about €730 million ($777 million), the company said on Sunday. BNP Paribas noted that the acquisition will be performed in two tranches; 4.8% of the issued shares in the coming days and the balance following the receipt of mandatory regulatory approvals. In a separate press release, Ageas confirmed that BNP Paribas has signed an agreement with Fosun to acquire an approximately 9% stake in the share capital of Ageas, taking over Fosun’s shareholding in the capital of the compa…