Cathay Financial To Acquire US Investment Firm Conning For $240M

Login to View

Cathay Financial Holding Co., Ltd., Taiwan’s largest financial holding company, says that its board has approved the acquisition of U.S. investment management company Conning Holdings Corp. for up to US$240 million, according to a joint announcement.

The deal is part of Cathay’s strategic drive to build a full-service financial platform with businesses in asset management, banking and insurance.

China Money Network

UNLOCK DATA
Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech


Want to read this important story?

Access Over 11,000 stories and data posts over the past 8 years!

Register Now


Already have an account or paid subscription? Log in


RELATED NEWS