Anbang Insurance Puts Chengdu Rural Commercial Bank Stake for Sale

Posted on 01/06/2019


Anbang Insurance put up its 35% stake in Chengdu Rural Commercial Bank Co., Ltd. for sale. The sale will be conducted via auction by the Beijing Financial Assets Exchange. The 35% stake is worth around US$ 2.43 billion. The buyer of the stake will have to ensure 50% of the deal value is paid into […]