Taiwan rejects Primus purchase of AIG unit

 

Taiwan rejects Primus purchase of AIG unit

13:06:36 | 31/08/2010 - Source: KWQC-TV Davenport

Taiwanese regulators on Tuesday rejected Primus Financial Holdings' planned purchase of AIG's Taiwan life insurance unit amid concerns that the Cayman Island-based firm may be backed by funds from rival China.

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