People's Insurance Company to acquire 20% stake in PICC Asset Management - MarketLine Financial Deals

People's Insurance Company to acquire 20% stake in PICC Asset Management

People's Insurance Company to acquire 20% stake in PICC Asset Management - MarketLine Financial Deals
People's Insurance Company to acquire 20% stake in PICC Asset Management
Published Mar 13, 2009
2 pages — Published Mar 13, 2009
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Abstract:

People's Insurance Company (Group) of China, an insurance conglomerate, has agreed to acquire a 20% stake in PICC Asset Management Company Limited, an asset management company, from PICC Property and Casualty Insurance Co., Ltd. for a consideration of CNY171.2 million ($25.07 million).

  
Source:
Document ID
MA02510_090319
Country
Ticker
2328=CN
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MLA:
MarketLine Financial Deals. "People's Insurance Company to acquire 20% stake in PICC Asset Management" Mar 13, 2009. Alacra Store. Dec 11, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/People-s-Insurance-Company-to-acquire-20-stake-in-PICC-Asset-Management-2052-2412>
  
APA:
MarketLine Financial Deals. (2009). People's Insurance Company to acquire 20% stake in PICC Asset Management Mar 13, 2009. New York, NY: Alacra Store. Retrieved Dec 11, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/People-s-Insurance-Company-to-acquire-20-stake-in-PICC-Asset-Management-2052-2412>
  
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