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|Superb Marketing Tips On How To Grow And Operate An Investment Services Business Superb Marketing Tips On How To Grow And Operate An Investment Services Business August 4 Cheap Los Angeles Angels Jerseys , 2013 | Author: Jeff Peterson | Posted in Business It’s very easy for an investment consulting business to just stop growing. This might mean no additional capital or income for the business. If you want to get the business back in the game, we’re here to help you. There are steps you need to take for your business to grow, and all you need now is to follow them.
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Twitter allows you or your investment consulting business to post messages. This can help your investment consulting company a lot due to that fact it could serve as free advertising. Although Twitter may not be as popular as Facebook, it is just as effective without question.
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A man walks past Anbang Insurance Group Co in Beijing on Sunday. Photo: CFP
China's Anbang Insurance Group Co has expressed interest in buying a controlling stake in South Korea's Tong Yang Life Insurance, Reuters reported on Thursday, citing a source familiar with the matter.
Experts said the move Rod Carew Angels Jersey , if true, would not be surprising given Anbang's rapid expansion.
The Korea Economic Daily, a leading newspaper in South Korea, reported on Thursday that Anbang had inked a memorandum of understanding to buy a 57.5 percent stake in Tong Yang Life owned by South Korean private equity (PE) firm Vogo Investment for around 1.1 trillion won ($1.01 billion).
The newspaper did not name its sources.
Neither Vogo nor Anbang Insurance could be reached for comment by press time.
Established in 2005, Vogo is a leading PE firm in South Korea Ricky Nolasco Angels Jersey , with more than $2 billion in assets under management, according to the company's website.
Vogo first acquired its stake in Tong Yang Life in 2006, but decided to sell it in 2011, Reuters reported.
"More and more overseas mergers and acquisitions carried out by Chinese companies are involving PE firms. This pattern became clearer in 2014," Zhuo Zhicheng Reggie Jackson Angels Jersey , a senior partner at Pricewaterhouse Coopers in Beijing, told the Global Times Thursday.
The process generally involves buying stakes in overseas companies that are owned by the PE firms, Zhuo said.
Beijing-based Anbang, which offers insurance and asset management services, was already in the media spotlight after Southern Weekly Nolan Ryan Angels Jersey , a newspaper in Guangzhou, capital of South China's Guangdong Province, publicly apologized on Monday for implying that powerful political connections had fueled its rapid growth.
"I would not be surprised if the news of Anbang's new equity investment is true," an industry insider who declined to be named told the Global Times on Thursday.
The acquisition would require regulatory approval in South Korea.
Anbang, one of China's largest insurers Mike Trout Angels Jersey , was founded in 2004 by seven companies, including Shanghai Automotive Industry Group and Traveller Automobile Group.
The insurer has already made several large acquisitions, both in China and abroad, notably its $1.95 billion purchase of New York's famed Waldorf Astoria Hotel on October 6, 2014.
On October 13 Martin Maldonado Angels Jersey , 2014, Anbang also announced it had purchased a 100 percent stake in Fidea, a Belgium-based insurer.
Chinese insurers' appetite for overseas assets has been increasing since the sector was allowed to invest abroad in 2012.
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