综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

   

Ping An to buy 50% stake in Fortis Unit

(Xinhua)
Updated: 2008-03-20 14:41

Ping An Insurance Group, China's second largest insurer, announced on Wednesday it had agreed to buy half of Belgian financial service provider Fortis's asset-management unit for 2.15 billion euros ($3.4 billion).

Related readings:
Ping An's refinancing plan largely supported
Ping An to buy into Fortis fund management unit
Ping An pays 1.8b euros for Fortis stake
ICBC to buy its HK unit shares from Fortis Bank

The Shenzhen-based Ping An bought 4.18 percent of Fortis from the stock markets for 1.81 billion euros in November and currently owns 4.99 percent of the company. The purchase, which was an ordinary financial investment, made Ping An the biggest single shareholder of Fortis.

This new deal is expected to help Ping An establish a global business platform for its asset-management and QDII (Qualified Domestic Institutional Investor). It also aims to help Fortis accelerate its business expansion in Asian market.

The deal is yet to be signed and the final agreement is to be submitted for government approval.

Fortis, based in Brussels and the Dutch city of Utrecht, will rename the asset management unit Fortis Ping An Investments. Fortis boosted the size of its money management operations with the 24 billion-euro purchase of ABN Amro Holding NV's fund and Dutch consumer-banking units in 2007.

Ping An won shareholder approval this month to issue about 80 billion yuan worth of shares and 40 billion yuan of convertible bonds.


(For more biz stories, please visit Industry Updates)



遂溪县| 莫力| 罗源县| 尉氏县| 阜康市| 班玛县| 阳山县| 饶阳县| 隆安县| 徐水县| 平江县| 芷江| 普陀区| 衡山县| 阿坝县| 旬阳县| 石林| 海淀区| 彩票| 滦平县| 兴和县| 磴口县| 布尔津县| 海淀区| 泸西县| 竹北市| 栾城县| 通州区| 无极县| 皋兰县| 威远县| 夏津县| 彩票| 华宁县| 孝义市| 汨罗市| 县级市| 高陵县| 博乐市| 宁城县| 泽州县|