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Large pan-Asian insurer mulls $10bn stake sale; parent reacts

Large pan-Asian insurer mulls $10bn stake sale; parent reacts
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Pacific Century Group downplays FWD stake sale, says IPO will come at opportune time

FWD Group, a Hong Kong-based insurance business controlled by Richard Li Tzar-kai, said Li would maintain his control of the company amid speculation it was considering a potential stake sale.

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Richard Li sits tight at FWD

Staff reporter and Bloomberg Richard Li Tzar-kai, the billionaire in charge of Asian insurer FWD, will maintain a controlling interest in th.

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FWD Mulls Options for $10 Billion Insurer After IPO Delay, Sources Say

(Bloomberg) FWD Group Holdings Ltd., the Asian insurer controlled by billionaire Richard Li, is considering options including a potential stake sale after delaying a planned initial public offering, according to people familiar with the matter.Most Read from BloombergJapan Loses Its Spot as World's Third-Largest Economy as It Slips Into RecessionIsrael Quits Peace Talks Over ‘Delusional’ Hamas DemandsThe Brutal Reality of Plunging Office Values Is HereTrump Eyes NATO Makeover, Hurried Peace i

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FWD mulls options for US$10 billion insurer after IPO delay: sources

FWD mulls options for US$10 billion insurer after IPO delay: sources
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