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Anbang giving up on attempt to buy Fidelity Guaranty & Life


Anbang is facing yet another defeat in its quest to buy US companies. China’s acquisition-hungry conglomerate is set to scrap its $1.6 billion deal to buy US insurer Fidelity Guaranty & Life after nearly a year and a half of hassles over the merger with New York regulators, sources told The Post. Anbang, which owns...
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Source: New York Post


21:11, April 16, 2017 Josh Kosman

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