Tags: fortis , ping an

M&A

Ping An to invest in Shenzhen Development Bank

The Chinese insurance giant moves nearer to its goal of becoming an integrated financial services company, and gives private equity investor Newbridge Capital an exit route.

By Daniel Inman | 15 June 2009

M&A

Ping An abandons Fortis deal

The collapse of the deal stalls the Chinese insurer’s plan to become a financial conglomerate, but the market welcomes the development.

By Daniel Inman | 3 October 2008

M&A

Ping An buys 50% of Fortis Investments

The Chinese insurance company pays $3.32 billion for the stake in Fortis's asset management subsidiary, gaining access to a business with $378 billion of assets under management.

By Sameera Anand | 25 March 2008

M&A

Ping An buys 4.2% stake in Fortis

The Chinese insurer pays $2.65 billion to become the largest shareholder in Fortis in a deal which both parties are calling highly synergistic.

By Sameera Anand | 30 November 2007

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Tags: fortis, ping an

Tags: fortis , ping an