Goldman nears deal for AXA's $1bn Taikang stake
An investing arm of Goldman Sachs is in the final stages of an agreement to buy AXA's $1.05bn stake in Chinese Taikang Life, according to newswire Reuters.
A deal would allow Axa to shed a non-core asset, while granting Goldman a piece of China's growing insurance industry.
Several private equity firms, including Kohlberg Kravis Roberts and Blackstone
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