Taikang Life
’More of Taikang up for sale
Potential foreign buyers of a key stake in Taikang Life, a leading Chinese life assurer, are being offered a larger shareholding than previously indicated. Axa, the French insurer, last month put its 15.6% stake in Taikang up for sale,
Investors eye Axa’s Taikang stake
Foreign private equity funds are this week expected to submit bids for Axa’s minority stake in Taikang Life, China’s fourth-largest insurer, which has been valued at up to $1bn. First-round bids are due by Friday and various overseas investors have signalled interest in the French insurer’s 15.6% stake,
