Sino-Ocean Group says Anbang not planning to cut stake after government takeover

HONG KONG (Reuters) – Sino-Ocean Group Holding Ltd said on Sunday Anbang Insurance Group Co Ltd had no plans to trim its stake in the company, and that the Chinese government’s takeover of the insurer would not impact its business.


Source: Reuters

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>