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Private equity firms eye Asian FIG dealsBain and General Atlantic will submit bids estimated in the $1bn region for Morgan Stanley’s stake in CICC, while Blackstone and KKR are reportedly bidding for AXA’s stake in China’s Taikang Life.
- Report: Primus wins Nan Shan bid
The Hong Kong-based private equity firm reportedly beat a higher bid and will acquire AIG’s Taiwanese unit for $2.2bn.
- Report: Bain, Carlyle, MBK and Primus shortlisted for AIG unit
Carlyle and Bain are reportedly in talks with separate local financial services companies to submit joint bids for Nan Shan Life.