China's Anbang said to be in talks with banks for asset sale

China's Anbang said to be in talks with banks for asset sale

Signage for Anbang Insurance Group Co. is displayed atop the entrance to Anbang Financial Center in Beijing, China, on Saturday, Feb. 24, 2018. Photographer: Giulia Marchi/Bloomberg

Anbang Insurance Group Co., the troubled Chinese insurer seized by the government, is interviewing investment banks to advise on potential asset divestments, people with knowledge of the matter said.

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