02.02.2010 - Goldman Sachs interested in Axa's Taikang Life stake
From Chinaeconomicreview.com: Goldman Sachs's private equity unit is in talks to buy some, or all, of Axa’s 15.6% stake in Chinese insurer Taikang Life. Sovereign wealth fund Government of Singapore Investment Corp, which already owns 8% of Taikang, is also said to be interested in buying Axa’s holding. A stake in Taikang Life offers exposure to China’s fast-growing life insurance sector as well as the prospect of an IPO exit - the company is pushing for a stock market listing.........................................Full Article: Source
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