Smooth exit for CPIC sellers after anchor bid
A $250m anchor order and plenty of reverse enquiry set the scene for a HK$6.15bn ($790m) exit by Carlyle Group and Parallel Investors Holdings from China Pacific Insurance Group on Monday night. The strong response created some useful momentum for others looking to bring deals, and a flurry of deals came in the following days (see separate story, Asia page 9).
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts