News - China: Ping An’s major asset restructuring receives approval

Source: Asia Insurance Review | Aug 2011

Ping An Insurance (Group) Company of China Ltd has received approval from the China Securities Regulatory Commission (CSRC) for its proposed major asset restructuring. It has also been exempted from the obligation of making a general offer in respect of its acquisition of Shenzhen Development Bank (SDB) as a result of the major asset restructuring.

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News - China: Ping An’s major asset restructuring receives approval

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