Carlyle once again cash holdings of about 1.8 billion CPIC

 Carlyle Group holdings in China Pacific Insurance again on Friday (02601.HK), involving 415.2 million shares of China Pacific Insurance H shares, cash of about 18 billion U.S. dollars.

half the Reduction of this stock for the German insurance group Allianz bought. The holdings after the Allianz holds a total of 240,000,000 shares of CPIC H shares, accounting for 10.4% of the total number of CPIC H shares. Close to the transaction also revealed that Carlyle remaining part of this reduction, mainly large funds to take over the United States.

years ago, part of the shares is expected to soar! Confidential! Market institutions will soon be reversed capital flows have changed dramatically! Main funding is plotting a new layout
2009 by the end of the Allianz as a cornerstone investor to participate in the CPIC H Unit IPO. CPIC and Allianz, there was non-binding letter of intent, involving asset management, in particular pension business, in addition, including both future opportunities for cooperation in other areas, such as insurance product development, reinsurance and investment fields.

on Friday, CPIC H shares closed at 33.45 Hong Kong dollars, compared to the previous trading day up 3.72%. Carlyle's prices were the latest price reduction of 0-0.5% discount per share, 33.28-33.45 million.

This is the second reduction Carlyle CPIC recent actions. The end of 2010, Carlyle had just 31.15 per share price of HK stock holdings of 216 million, 8.6 billion cash. After two rounds of reduction, the Carlyle Group also holds 690 million shares of CPIC H shares.

2005 by the end of Carlyle Asia Partners to spend 4.1 billion stake in Pacific Life Insurance Company, five years after the valuation of more than 50 billion U.S. dollars. The equity investment was removed several times, first on the turn for the CPIC Group's share capital, then in December 23, 2009 H share listing in China Pacific Insurance, China Pacific Insurance H all converted to shares, lock-up period of one year, opened the exit for overseas path.

ban on until then, Carlyle has begun to conduct its inquiry commission voted to ask the potential buyer is willing to benchmark how the closing price discount buy Metabo H shares. Latest round of price reduction of the transaction showed that given a discount of Carlyle limited.