Confusion surrounds Goldman Sachs' commitment to $6bn Chinese insurer listing
The $6bn listing of the state-owned People's Insurance of China has taken on a new twist as bankers gear up for an increasingly taxing deal, it has been reported.
In addition to previous demands, The Wall Street Journal reports that PIC is now asking banks that want to be in on the deal to seek so-called cornerstone investors.
The paper explained that
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