From Marketwatch.com: Singapore’s state-backed investment fund Temasek Holdings is expected to submit a bid for a stake in China’s Taikang Life worth more than $1 billion, according to news reports.

Temasek joins a number of high-profile institutions that includes Blackstone Group LP and KKR Financial Holdings LLC, which are each expected to submit bids for the stake in the Chinese insurer currently held by France’s AXA , the reports said……………………..Full Article: Source