TPRe Completes Issuance of New Shares and Introduces Strategic Shareholder
On 27 August 2020, China Taiping signed a Subscription Agreement with ageas SA/NV on bringing in strategic investor for Taiping Reinsurance Company Limited (“TPRe”). All the conditions precedent set out in the Subscription Agreement have been satisfied, and the transaction was completed on 27 November 2020.
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