Reuters reports that an investment arm of Goldman is near to closing a deal to buy Taikang Life, China's number 4 life insurance company.
The French insurer Axa currently owns a 15.6 percent stake in Taikang that is reportedly worth $1.05 billion.
Goldman's bid for the assets competed with several other private equity companies.
Source: Reuters
Key Phrases:
- Log in to post comments
Key Phrases:
Key Phrases:
