Carlyle Group expects US$4 bln profit on China exit
Source: Asia Insurance Review | Feb 2013
American private equity firm Carlyle Group is ending its lucrative presence in China with the sale of its remaining stake in the country's third-largest insurer, China Pacific Insurance Co (CPIC), for US$792 million, according to the media.
Archived articles are available to Magazine subscribers only.
For Full Access to
the magazine
SUBSCRIBE here.