|
|
Article: AXA GROUP TO SELL TAIKANG LIFE SHARES.
- Article from:
- AsiaPulse News
- Article date:
- November 6, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
BEIJING, Nov 6 Asia Pulse - AXA, a French global insurance group headquartered in Paris, has to give up its 15.6 per cent stake in Taikang Life Insurance shares valued at US$1.06 billion.
Following the news, several international financial firms including Temasek Holdings, the Blackstone Group and Kohlberg Kravis Roberts Group have all shown interest and will bid for the shares on Friday.
A source familiar with the issue disclosed that AXA is reluctant to sell its Taikang Life stake, but its holdings in Chinese insurance companies is not in line with ...
Related newspaper, magazine, and journal articles:
|
|
Article: TAIKANG LIFE RANKS NO.5 IN CHINA IN 2006
AsiaInfo Services;
December 28, 2006 ;
302 words
...AsiaInfo Services 12-28-2006 Taikang Life Ranks No.5 in China in 2006 BEIJING ... 28, 2006 (SinoCast via COMTEX) -- Taikang Life Insurance Company Ltd. became China ... Life, and New China Life outnumbered Taikang Life with their premiums in the first eleven ...
|
|