China’s Anbang Insurance, which burst onto the world stage last year with its $1.95 billion acquisition of New York’s Waldorf Astoria, has set its sights on a new billion dollar deal – this time in Japan.
The Beijing-based insurer is… Read More>>
China’s Anbang Insurance Said Buying London’s Heron Tower for $1.16B
Anbang Insurance, which last year paid a record $1.95 billion for New York’s Waldorf Astoria hotel, is reportedly on the brink of buying London’s Heron Tower for £750 million ($1.16 billion).
The acquisition of the 46-storey London landmark, which is… Read More>>
Real Estate Crisis Creates Takeover Opportunity for China’s Insurers
While China’s real estate industry has been beset by reports of falling prices and slowing sales all of this is apparently good news for the country’s insurance companies, as two of the financial giants compete to take over developer Gemdale… Read More>>
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