Friday, November 28, 2008

China Pacific Insurance plans US$4-6b IPO

HONG KONG - China Pacific Insurance (Group) Co, the country's No. 3 life underwriter, is preparing initial share sales in Shanghai and Hong Kong to raise US$4 billion to US$6 billion, sources familiar with the deal said on Friday.

business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/latest/story/0,4574,256907,00.html?