SoftBank's Vision Fund considers $500 million investment in ZhongAn IPO: IFR

in #news7 years ago

SoftBank Vision Fund, the world's largest private equity fund, is considering a $500 million investment in the Hong Kong initial public offering of ZhongAn Online Property and Casualty Insurance Co Ltd, China's first internet-only insurer, IFR reported on Thursday, citing people close to the deal.

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http://www.reuters.com/article/us-zhongan-online-softbank-group/softbanks-vision-fund-considers-500-million-investment-in-zhongan-ipo-ifr-idUSKCN1BP0NH?feedType=RSS&feedName=technologyNews