Announced
Guotai Junan Securities to acquire a 49% stake in CPIC Fund Management from Allianz.
Financials
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For49%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-
Sources
Tags
Disposal
Acquisition
Pending
Single Bidder
financial services
Investment Banking
Public
Friendly
Cross Border
China
Minority
Synopsis
Guotai Junan Securities, a financial services company, agreed to acquire a 49% stake in CPIC Fund Management, an investment company, from Allianz, an insurance company. Financial terms were not disclosed.
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