News Digest: FWD mulls stake sale after IPO delay; Saudi family office eyes China deals
FWD group eyes stake sale after delaying IPO plans yet again; Ajlan & Bros Holding Group to forge deals with listed Chinese firms; Japan's Chikyoren hires managers for equity mandates; Temasek invests in agri-food strategy; and more.
TOP NEWS OF THE WEEK
FWD Group, the Hong Kong insurer controlled by billionaire Richard Li, is considering options including a potential stake sale after delaying a planned initial public offering, according to people familiar with the matter.
The company could seek a valuation of more than $10 billion in any deal, the people said, asking not to be identified because the information is private.
Global insurers including Toronto-based Sun Life have approached FWD to express int…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.