Thursday, January 22, 2009

 

MassMutual May Pay $100 Million for Stake in Chinese Insurer

MassMutual Financial Group, the 157- year-old U.S. insurer owned by its policyholders, plans to pay about $100 million for a stake in Yingda Taihe Life Insurance Co., two people familiar with the matter said.

MassMutual May Pay $100 Million for Stake in Chinese Insurer
Source: Bloomberg

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