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KM Financial Solutions | UPDATE 1-China’s Anbang Insurance in fresh attempt to sell stake in Chengdu bank
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UPDATE 1-China’s Anbang Insurance in fresh attempt to sell stake in Chengdu bank

30 Dec UPDATE 1-China’s Anbang Insurance in fresh attempt to sell stake in Chengdu bank

Posted at 10:55h in News by
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China’s Anbang Insurance Group,
which was taken over by the government last year, said it has
put its 35% stake in Chengdu Rural Commercial Bank up for sale
for 16.5 billion yuan ($2.4 billion), its second attempt to
offload the lender.

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