New China Life Insurance to raise $420.93 million in private placement - MarketLine Financial Deals

New China Life Insurance to raise $420.93 million in private placement

New China Life Insurance to raise $420.93 million in private placement - MarketLine Financial Deals
New China Life Insurance to raise $420.93 million in private placement
Published Oct 27, 2010
3 pages — Published Oct 27, 2010
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Abstract:

Zurich Financial Services AG, a Switzerland-based insurance provider, has signed an agreement to subscribe 280 million new shares of New China Life Insurance Company , a China-based life insurance company, at a price of CNY10 ($1.5) per share for CNY2,800 million ($420.93 million).

  
Source:
Document ID
MA36263_101029
Country
Country
Ticker
ZURN=CH
Format:
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MarketLine Financial Deals—MarketLine Financial Deals – Identifying and tracking major financial activity across our full scope of company and sector coverage, MarketLine Financial Deals covers mergers & acquisitions, private equity/venture capital backed buyouts, investments, and exits, IPOs and secondary and follow on offerings, and private placements and exits. Additional non-corporate financial deals including partnership agreements, joint ventures, co-development and research, licensing and co-marketing agreements are also available.

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MLA:
MarketLine Financial Deals. "New China Life Insurance to raise $420.93 million in private placement" Oct 27, 2010. Alacra Store. Dec 08, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/New-China-Life-Insurance-to-raise-420-93-million-in-private-placement-2052-46092>
  
APA:
MarketLine Financial Deals. (2010). New China Life Insurance to raise $420.93 million in private placement Oct 27, 2010. New York, NY: Alacra Store. Retrieved Dec 08, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/New-China-Life-Insurance-to-raise-420-93-million-in-private-placement-2052-46092>
  
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