China’s Debt-Ridden Anbang Insurance Aims to Sell $200M of Japan Real Estate: Sources

Article 0 Comments Anbang Insurance Group Co. Ltd. aims to sell $200 million worth of Japanese real estate to bidders including Blackstone Group LP, about two years after buying them from the U.S. investment firm, two people with knowledge of the matter said. The debt-laden Chinese insurer, which was taken […]

China’s Anbang to Sell Overseas Properties Worth $10B in Ongoing Rescue: Sources

Article 0 Comments China’s Anbang Insurance Group Co. Ltd. is looking to offload overseas properties worth about $10 billion to shore up its balance sheet as part of a government-backed rescue, three people with knowledge of the matter said. The sales are likely to begin within a month, said the […]