AIA to buy 25% stake in China Post Life Insurance for $1.9bn
NARAYANAN SOMASUNDARAM, Nikkei Asia chief banking and financial correspondent | Nikkei | June 29, 2021
Investment gives life insurer access to mass market clients in China
HONG KONG — AIA Group on Tuesday said it had agreed to buy a 24.99% stake in China Post Life Insurance for 12 billion yuan ($1.86 billion) to boost its exposure to the nation’s life insurance market.Read More »AIA to buy 25% stake in China Post Life Insurance for $1.9bn