![]() ![]() ![]() Stockbridge announced that it has completed a strategic reorganisation Korea’s National Pension Service taking a minority interest in the San Francisco-based private equity real estate firm. Read more> Korea’s NPS Buys Minority Stake in US PE Firm Stockbridge China’s State Council Said Asking Ping An to Take Over Country GardenĬhinese authorities have asked Ping An Insurance Group to take a controlling stake in embattled Country Garden (2007.HK), the nation’s biggest private property developer, four people familiar with the plan said.Ĭhina’s State Council, which is headed by Premier Li Qiang, has instructed the local government of Guangdong province, where both companies are based, to help arrange a rescue of Country Garden by Ping An, said two of the sources who have direct knowledge of the matter.
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