UPDATE 1-China’s Anbang Insurance in fresh attempt to sell stake in Chengdu bank
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.
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.
Posted by Reuters
