China'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
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