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International

Chinese firms to continue M&A of overseas insurers

April 26, 2016 Reprints

The current trend of mergers and acquisitions of overseas insurers by Chinese firms will continue in the future, reports China Daily.

U.K.-based financial data provider Dealogic (Holdings) P.L.C. said that Chinese firms have been involved in at least nine M&A deals for overseas insurers since 2015.

Dealogic said that the total deal value, both pending and completed, topped $8.4 billion, up 280% from China's total outbound insurance M&A value in 2014.

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Chinese firms to continue M&A of overseas insurers

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