China’s Anbang sells Chengdu bank stake valued at over $2 bln to local gov’t-backed firm
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.
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.
Posted by Reuters
