(Bloomberg) -- Insurance Australia Group Ltd., the
nation's largest auto and home insurer, ended talks to buy a
stake in Shanghai-based China Pacific Property Insurance Co.
The company agreed in July last year to buy 24.9 percent of
the unit of China Pacific Insurance (Group) Co. for as much as
A$375 million ($312 million) to enter a market where sales grew
almost 10 percent last year.
Read more at Bloomberg Emerging Markets News
nation's largest auto and home insurer, ended talks to buy a
stake in Shanghai-based China Pacific Property Insurance Co.
The company agreed in July last year to buy 24.9 percent of
the unit of China Pacific Insurance (Group) Co. for as much as
A$375 million ($312 million) to enter a market where sales grew
almost 10 percent last year.
Read more at Bloomberg Emerging Markets News
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