Sunday, December 18, 2005

Prudential Investing in No. 3 China Insurer

Reuters, George Chen, Sun Dec 18, 2005 11:56 PM ETShanghai, Dec 19 (Reuters) - U.S. buyout firm Carlyle Group, one of the biggest foreign investors in China, said on Monday it would lead a $410 million investment for a quarter of the third-largest life insurer in the fast-growing mainland market.In a long-expected deal, Carlyle said it would buy a 25 percent in China Pacific Life Insurance with

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