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| Name | Symbol | Market | Type |
|---|---|---|---|
| China Pacific Insurance Group Company Ltd (PK) | USOTC:CHPXY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 8.26 | 9.27 | 10.32 | 0.00 | 01:00:00 |
From Jul 2019 to Jul 2024
By Fiona Law
HONG KONG--Private equity firm Carlyle Group LP is raising around US$792 million by selling shares in China Pacific Insurance (Group) Co. (2601.HK), according to a term sheet seen by Dow Jones Newswires on Monday.
The Carlyle Group is selling around 203 million China Pacific shares in a HK$30.0-HK$30.3 range, the term sheet said.
The offer price represents 2.3%-3.2% discount to China Pacific's last closing price of HK$31.0 Monday, it said.
Goldman Sachs and UBS are handling the placement, the term sheet said.
Write to Fiona Law at fiona.law@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year China Pacific Insurance (PK) Chart |
1 Month China Pacific Insurance (PK) Chart |
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