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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

Qatar named in bid for Taiwan insurer

Posted on 31 August 2010

From Thenational.ae: Qatar Investment Authority may lend its weight to a US$2.5 billion (Dh9.18bn) takeover of the Taiwanese arm of American International Group (AIG) as part of a former diplomat’s bid to “save” the insurance unit from Chinese ownership.
Wang Shih-jung, a former trade envoy to Switzerland, said he had lined up investors who would bid to take over Nan Shan, AIG’s Taiwanese arm, if a $2.2bn bid from a Chinese-based consortium was blocked by Taiwan’s regulator……………………………………….Full Article: Source


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