asset sale Archives - Carrier Management

China’s Anbang Insurance Group Draws Multiple Bidders for $200M in Japanese Real Estate

Anbang Insurance Group Co Ltd aims to sell $200 million worth of Japanese real estate to bidders including Blackstone Group LP, about two years after buying them from the U.S. investment firm, two ...

AIG’s Commercial Combined Ratio Climbed to 102.1; Insurer Discloses $3B Buyback

American International Group Inc. said it will buy back $3 billion of stock after second-quarter profit climbed 6.3 percent, helped by asset sales. The insurer climbed in extended trading in New ...

Ironshore Owner Fosun Plans Massive Asset Sale to Reduce Debt

Fosun Group, one of China's most acquisitive conglomerates, is preparing to sell as much as 40 billion yuan ($6 billion) in assets as it focuses on raising its credit rating to above junk. After ...

France’s AXA Will Divest its $2B in Tobacco Industry Assets

AXA SA, France's largest insurer, said it will stop investing in tobacco and divest all of its 1.8 billion euros ($2 billion) of assets in the industry. AXA will sell about 200 million euros of stock ...