TITLE

News - China: Goldman Sachs buys stake in Taikang Life

PUB. DATE
May 2011
SOURCE
Asia Insurance Review;May2011, p36
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Goldman Sachs Group Inc. has purchased stake in Taikang Life Insurance Corp. Ltd. It states that the company bought 12.02 percent stake from AXA SA and will also have one seat on its board of directors. It highlights that this marks Goldman Sachs' return to insurance market of China after six years.
ACCESSION #
67503580

 

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