A surveillance camera is seen in front of the Anbang Insurance Group office building in Beijing, Wednesday, April 4, 2018. Photo: AP A surveillance camera is seen in front of the Anbang Insurance Group office building in Beijing, Wednesday, April 4, 2018. Photo: AP
A surveillance camera is seen in front of the Anbang Insurance Group office building in Beijing, Wednesday, April 4, 2018. Photo: AP

China’s former asset acquirer Anbang seeks to raise US$3.9 billion from selling stake in Chengdu Rural Bank

  • Beijing-based Anbang and its affiliates are selling 5.5 billion shares in Chengdu Rural Commercial Bank for 26.2 billion yuan, according to a filing with the Beijing Financial Assets Exchange
  • Anbang is also looking to sell stakes in 11 rural banks for a total of 85 million yuan, according to a separate filing

Topic |   Mergers & Acquisitions
A surveillance camera is seen in front of the Anbang Insurance Group office building in Beijing, Wednesday, April 4, 2018. Photo: AP A surveillance camera is seen in front of the Anbang Insurance Group office building in Beijing, Wednesday, April 4, 2018. Photo: AP
A surveillance camera is seen in front of the Anbang Insurance Group office building in Beijing, Wednesday, April 4, 2018. Photo: AP
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