China Pacific Insurance announced Friday that they have revived plans in a listing for Hong Kong. Analysts say this will raise 3.5 billion U.S. dollars and give Carlyle Group L.P. a chance to get rid of the 17.3% they own of the company. The shares will each go for $23.78 each.
-- Edited by PMP on Friday 17th of July 2009 12:33:25 AM