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

FWD Group Holdings, a pan-Asian insurer backed by Hong Kong tycoon Richard Li, is reportedly mulling a potential stake sale with over $10 billion valuation following a delayed initial public offering (IPO). However, its parent company has responded to the speculation by apparently playing down the reports.

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

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