Ping An Insurance offers to buy remaining stake in healthcare arm at $1.7b valuation

Ping An Insurance offers to buy remaining stake in healthcare arm at $1.7b valuation

A logo of Ping An Insurance is seen outside its building in Shenzhen in this February 5, 2013. REUTERS/Tyrone Siu/File Photo

China’s Ping An Healthcare said on Tuesday its parent Ping An Insurance has made an offer to buy the remaining stake in the healthcare firm it does not already own, valuing it at HK$13.23 billion ($1.70 billion).

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