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US security watchdog expands scrutiny to more Chinese deals

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Us Security

Greg Roumeliotis 



Insurance mergers and acquisitions rarely raise red flags with US national security watchdogs. China's Fosun took that history to heart last year when it paid $1.84 billion for the remaining 80 per cent stake of US property and casualty insurer Ironshore Inc that it did not already own.

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First Published: Wed, October 12 2016. 00:12 IST

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