China market regulator approves Ping An's acquisition of New Founder Group

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 66%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

BEIJING : China's market regulator has approved Ping An Life Insurance's acquisition of a majority stake in New Founder Group, which was established after Founder Group started court-led restructuring proceedings last year.The anti-trust bureau of the State Administration for Market Regulation issued the

BEIJING : China's market regulator has approved Ping An Life Insurance's acquisition of a majority stake in New Founder Group, which was established after Founder Group started court-led restructuring proceedings last year.

The anti-trust bureau of the State Administration for Market Regulation issued the approval on its website on Tuesday, without disclosing financial details of the deal. Ping An Insurance Group said in April that its subsidiary Ping An Life would acquire a 51.1per cent to 70per cent stake in New Founder Group at a price of 37.05 billion yuan to 50.75 billion yuan.

The insurer said in July that a consortium led by Ping An Life would actively promote a plan regarding Founder Group's reorganisation.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 6. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Insurer AIA posts 22per cent rise in first-half new business valueHONG KONG : Asia-focussed insurer AIA Group Ltd reported a 22per cent rise in first-half new business value on Tuesday, as it recovered from business disruptions caused by the pandemic in its main markets of China and Hong Kong.The insurer's value of new business, which measures expected profits from new
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »