Anbang’s 2014 purchase of the Waldorf Astoria hotel in New York put the Chinese insurance giant on the map. Photo: EPA

Anbang Insurance takeover of Fidelity & Guaranty Life in US fails as deal is terminated

The Chinese based conglomerate suffers another setback in the US as it fails to get US$1.6 billion deal past state regulators

Topic |   Mergers & Acquisitions

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Anbang’s 2014 purchase of the Waldorf Astoria hotel in New York put the Chinese insurance giant on the map. Photo: EPA
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