September 26, 2018
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. …
July 19, 2018
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 …
July 16, 2018
Anbang Insurance Group Co. is weighing a sale of its Hexie Health Insurance Co. unit as the troubled Chinese firm reviews its assets for possible divestment, according to people familiar with the matter. The insurer is in discussions with financial …
June 14, 2017
Founded as a provincial auto insurer, Anbang Insurance burst from obscurity with a $2 billion bid for New York’s Waldorf-Astoria Hotel in 2014, casting the company and its ambitious chairman as flagbearers for a new breed of Chinese dealmakers. But …
June 14, 2017
Anbang Insurance Group, one of China’s most aggressive buyers of overseas assets, said on Wednesday its chairman was temporarily unable to fulfill his duties, just over a week after denying reports he had been barred from leaving the country. The …
March 20, 2017
The chairman of China’s privately-held Anbang Insurance Group said at the China Development Forum on Saturday he is bullish on investing in Europe despite great uncertainty over issues including refugees, economic challenges and rising populism. Europe has “very cheap assets” …
November 21, 2016
China’s Anbang Insurance Group Co. is in talks to buy as much as $2.3 billion in Japanese residential property assets from Blackstone Group, two people involved in the discussions said, in what would be Japan’s biggest property deal since the …
November 17, 2016
China’s Anbang Insurance Group Co. is set to purchase an office and retail tower in downtown Toronto that counts the Government of Ontario as a major tenant, according to people familiar with the deal. Anbang is close to an agreement …