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KM Financial Solutions | China’s Anbang sells Chengdu bank stake valued at over $2 bln to local gov’t-backed firm
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China’s Anbang sells Chengdu bank stake valued at over $2 bln to local gov’t-backed firm

11 Mar China’s Anbang sells Chengdu bank stake valued at over $2 bln to local gov’t-backed firm

Posted at 08:02h in News by
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China’s Anbang Insurance Group
Co Ltd, fresh from two years of government-led
restructuring, has sold a 35% stake in Chengdu Rural Commercial
Bank Co Ltd once valued at over $2 billion in its latest
divestiture.

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