Deals
Anbang Boosts China Vanke Stake Amid Spat Over Firm's Ownership
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Anbang Insurance Group Co. boosted its holding of China Vanke Co.’s mainland-listed shares to more than 7 percent before trading was halted last Friday, adding another twist as a dispute simmers over control of China’s largest developer.
Anbang raised its holding of the Shenzhen-listed shares on Dec. 17, according to a filing on Tuesday to Hong Kong’s stock exchange.