Friday, February 1, 2013

China approves HSBC sale of US$9.4b Ping An stake





The South China Post has learned that China’s top insurance regulator has given a green light to the US$9.4 billion sale of HSBC’s stake in Ping An Insurance to Thai conglomerate Charoen Pokphand Group.









via Business feed http://www.scmp.com/business/banking-finance/article/1141235/china-approves-hsbc-sale-us94b-ping-stake

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