News From Yellow Business Pages » Yahoo! News: World News » Chinese insurer Ping An to raise $22B (AP)

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Yahoo! News: World News

• 

  Chinese insurer Ping An to raise $22B (AP)

  Posted: January 21st, 2008, 5:25am EST

  Tags:    [edit]

  AP - A major Chinese insurer has announced plans to raise up to $22 billion (euro15.0 billion) for acquisitions at a time when U.S. and European banks, battered by mortgage losses, want infusions of Asian capital to replenish their balance sheets.

  
  

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