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Anbang Insurance to sell stake in Chinese health insurer Hexie Health

Anbang Insurance to sell stake in Chinese health insurer Hexie Health

Insurance acquisition news : Chinese government-controlled Anbang Insurance Group will sell its entire interest in Hexie Health Insurance, a Chinese health insurance company for an undisclosed amount to multiple buyers, including industrial conglomerate Fujia Group. Reuters reported that the Chinese government has been looking to fast track sale of assets of Anbang Insurance Group, which […]

Thunder Bridge wraps up $581m acquisition of US fintech Repay

Thunder Bridge wraps up $581m acquisition of US fintech Repay

Thunder Bridge acquisition of Repay : Special purpose acquisition company Thunder Bridge Acquisition has completed its previously announced $580.7 million acquisition of US vertically-integrated payments solutions provider Repay Holdings and its parent Hawk Parent Holdings. Based in Atlanta, Repay, which was founded in 2006, provides integrated payment processing solutions to verticals that have specific requirements […]