China Strategic disappointed at AIG unit sale outcome
HONG KONG, Sept 1 |
HONG KONG, Sept 1 (Reuters) - China Strategic Holdings Ltd (0235.HK) said on Wednesday that it was disappointed by a decision by Taiwan regulators to block American International group Inc's (AIG) (AIG.N) planned $2.2 billion sale of Taiwan unit Nan Shan Life to the Hong Kong-listed battery maker and investment fund Primus.
China Strategic said it would determine whether to appeal against the decision after receiving an official notification from the regulators and after consultations with AIG and Primus.
For details: [ID:nTOE67U05I]. (Reporting by Denny Thomas; Editing by Chris Lewis)
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