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Anbang Insurance Group


 Chinese firm buys Dutch insurance company Vivat for $171 million

anbang-vivat.pngChina's Anbang Group has acquired Dutch insurance company Vivat for $171 million.

Under the agreement, Anbang will pay 150 million euros ($171 million) for 100 percent of the shares of Vivat, formerly known as Reaal NV. In addition, the Chinese company will inject 770 million to 1 billion euros to recapitalize the insurer and pay off 552 million euros in internal loans to SNS Reaal.

To see listing and email addresses of investors from China similar to Anbang Group, check the Chinese Investors Directory

More details follows




 China's Anbang acquired Hilton's NY Waldorf for $1.95 billion

chinese-hilton.jpgChinese investors of Anbang Insurance Group has acquired Hilton's Waldorf Astoria New York for $1.95 billion.

This is the largest-ever sale of a US hotel and also the largest US real estate purchase by a Chinese investment firm. The 47-story 1,413 room Waldorf Astoria was the tallest and largest hotel in the world when it opened at its current location in 1931. Anbang Insurance Group is based in Beijing with more than $114 billion in assets.

To see listing and email addresses of investors from China similar to Anbang Group, check the Chinese Investors Directory

More details follows



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