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AIA to buy 25% of China Post Life Insurance for $1.9 billion

Home / Stock Analysis / AIA to buy 25% of China Post Life Insurance for $1.9 billion
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AIA to buy 25% of China Post Life Insurance for $1.9 billion

29 Jun Stock Analysis

June 29, 2021
HONG KONG (Reuters) -AIA Group Ltd has agreed to buy a 24.99% stake in China Post Life Insurance Co., Ltd. for 12 billion yuan ($1.86 billion), it said on Tuesday, increasing the insurer’s presence in China which provided a third of its new…

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