UPDATE 1-Chubb to buy added stake in China’s Huatai Insurance for $1.53 bln
Insurer Chubb Ltd said on Monday
it will buy up to an additional 22.4% stake in Chinese insurer
Huatai Insurance Group Co Ltd for 10.8 billion yuan ($1.53
billion), as it looks to bank on a rapidly growing sector in the
country.
it will buy up to an additional 22.4% stake in Chinese insurer
Huatai Insurance Group Co Ltd for 10.8 billion yuan ($1.53
billion), as it looks to bank on a rapidly growing sector in the
country.
Posted by Reuters
