Sovereign Wealth Funds Invest in China Pacific Insurance Company
Posted on 09/10/2012
The Government of Singapore Investment Corporation Private Limited is subscribing to a Hong Kong H-share private placement by China Pacific Insurance (Group) Co Ltd (CPIC). The subscription amount is up to US$ 700 million. The CPIC is a major insurer in China. Singapore’s GIC held 2.3% of shares prior to the private placement. Other sovereign […]
- Abu Dhabi Investment Authority
- China Pacific Insurance Company
- Deals
- GIC
- Hong Kong
- Norges Bank Investment Management
- Norway Government Pension Fund Global
