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Under the deal being discussed, the Taiwanese insurer would buy out Commonwealth Bank of Australia's (CBA.AX: Quote , Profile , Research ) stake in China Life-CMG Insurance Co., a 50-50 joint venture between the Australian bank and China Life Insurance (2628.HK: Quote , Profile , Research ) (601628.SS: Quote , Profile , Research ), said the sources, speaking on condition of anonymity.
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Under the deal being discussed, the Taiwanese insurer would buy out Commonwealth Bank of Australia's (CBA.AX: Quote , Profile , Research ) stake in China Life-CMG Insurance Co., a 50-50 joint venture between the Australian bank and China Life Insurance (2628.HK: Quote , Profile , Research ) (601628.SS: Quote , Profile , Research ), said the sources, speaking on condition of anonymity.
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