Sunday, April 15, 2007

Everbright Bank buying into Prudential China fund JV

(Reuters) - Beijing-based Everbright Group is the parent of financial service conglomerate China Everbright Ltd.

Prudential Financial now has a 33 percent stake in Everbright Pramerica, which currently manages four mutual funds worth about 2.2 billion yuan in total.


Read more at Reuters.com Mergers News

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