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Anbang Insurance acquired Fidelity & Guaranty for 1.57 billion USD

November 11, 2015
China

Anbang Insurance Group has acquired all of the US life and annuities insurance company, Fidelity & Guaranty Life. The transaction amounted to 1.57 billion USD. The Chinese insurer intends to finalize the transaction in the second quarter of 2016.Anbang Insurance acquired Fidelity & Guaranty for 1.57 billion USD

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