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BRIEF-China Life Insurance to raise 4 pct stake in Cathay Financial Holdings
December 2, 2016 / 7:20 AM / a year ago

BRIEF-China Life Insurance to raise 4 pct stake in Cathay Financial Holdings

Dec 2 (Reuters) - China Life Insurance Co Ltd :

* Says it will buy 33.3 million A special shares of Cathay Financial Holdings for T$2.00 billion

* Says the co will raise stake in Cathay Financial Holdings to 4 percent from 0 percent after the stake acquisition

Source text in Chinese:goo.gl/rN33Xj

Further company coverage: (Beijing Headline News)

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