Les visiteurs ont vu sur le stand de la Chine d'assurance du Pacifique (CIPC) lors d'une exposition à Shanghai, Chine, le 20 novembre 2010. Allianz SE, le grand
Visitors are seen at the stand of China Pacific Insurance (CPIC) during an exhibition in Shanghai, China, November 20, 2010. Allianz SE, Europes biggest insurer, said it bought $855 million of China Pacific Insurance (Group) Co. H shares from Carlyle Group. Allianz now owns 240 million H shares in China Pacific, representing a 10.4 percent holding in that class, the Munich- based company said Sunday (January 9, 2010) in an e-mailed statement. The stake equates to a 2.8 percent position in CPICs total outstanding shares, Allianz said. This acquisition follows an investment of $150 million by the German insurer in China Pacifics H share initial public offering in December 2009, Allianz said. Allianz Chief Executive Officer Michael Diekmann said the increased holding is part of his companys long-term investment in China Pacific, Chinas third-largest insurance company. Carlyle sold 215.8 million China Pacific shares for HK$31.15 each, according to a term sheet obtained by Bloomberg News on Dec. 31. The H shares closed yesterday in Hong Kong at HK$33.45 each.
