Developer Evergrande Joins Insurance Biz With $615M Deal
By Abigail Rubenstein ( November 23, 2015, 12:02 PM EST) -- Chinese developer Evergrande Real Estate Group Ltd. said Sunday that it would be branching out in its holdings by acquiring a 50 percent stake in Great Eastern Life Assurance (China) Co. Ltd. for 3.93 billion yuan ($615 million)....
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