Taiwan's Cathay Life Insurance commits $50m to US buyout firm Clayton

Taiwan's Cathay Life Insurance commits $50m to US buyout firm Clayton

Visual from Taipei 101 website

Taiwanese conglomerate Cathay Financial Holdings’ insurance unit, Cathay Life Insurance, has agreed to commit $50 million to US-based Clayton, Dubilier & Rice’s (CD&R) latest buyout fund, according to filings with the stock exchange of Taiwan.