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KM Financial Solutions | ACR calls off sale to Shenzhen govt-consortium after buyers flag delays
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ACR calls off sale to Shenzhen govt-consortium after buyers flag delays

06 Nov ACR calls off sale to Shenzhen govt-consortium after buyers flag delays

Posted at 10:21h in News by
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HONG KONG, Nov 7 (Reuters) – A planned sale of ACR Capital,
the holding firm for a Singapore-based reinsurer, to a Shenzhen
government-owned consortium has been called off after the
consortium flagged it would not be able to close the deal this
year, ACR’s chief executive said.

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