Primus Pacific Partners
Financial investors in financial services
PE’s past and future in the sector in Asia
Primus suit delays EON takeover vote
Primus Pacific Partners, the single biggest stakeholder in Malaysian lender EON Capital, has caused a delay to a vote by the bank's shareholders on a $1.6 billion takeover bid from Hong Leong Bank by launching a lawsuit to block the buyout offer, claiming...
Primus Nan Shan bid gets extension
The consortium led by Primus Financial Holdings and China Strategic Holdings, which has already inked an agreement to acquire Taiwan's Nan Shan Life Insurance from American International Group (AIG), has now announced a sought-after accord with the seller...
Primus Nan Shan deal amended
Primus Financial Holdings and China Strategic Holdings Ltd. have amended their $2.15 billion joint agreement to buy Nan Shan Life Insurance Company in Taiwan from American International Group, Inc., placing $325 million in an escrow account for a four-year...
New suitor for Primus investee EON
Malaysian lender Affin Holdings has sought regulatory permission to start discussions with shareholders of EON Capital, including 20.2% stakeholder Primus Pacific Partners, for a possible bid for the company.
Primus China Strategic Nan Shan bid triggers resignation
Raymond Or Ching-fai, CEO of China Strategic Holdings - the Hong Kong entity partnered with Primus Financial Holdings in the $2.15 billion joint bid for Nan Shan Life Insurance, the Taiwan unit of troubled US insurance giant AIG - has resigned from the...
Primus: No plans to exit EON
Primus Pacific Partners has stated publicly that it has no plans to exit Malaysian investee EON Capital Bhd, despite an earlier rejected $1.4 billion takeover bid by Hong Leong Bank.
Primus acquires Chapdelaine
A unit of Primus Financial Group has acquired a controlling stake in Chapdelaine & Co., a New York-headquartered leading player in the US inter-dealer/broker (IDB) fixed income and municipal bond brokerage markets, with a view to expanding its operation...
Taiwan regulator confirms Nan Shan sale terms
Taiwan's Financial Supervisory Commission has confirmed its five conditions for allowing the prospective buyers of Nan Shan Life Insurance, including Primus Financial Holdings, to acquire the local insurance major from American International Group.
AIG Nan Shan deal still in the dark
Taiwan’s foreign investment regulator reportedly is still facing discussions in parliament over the now-controversial $2.2 billion sale by American Insurance Group (AIG) of its local Nan Shan Insurance subsidiary to China Strategic and Primus Financial.
EON Capital rejects HLB offer
Primus Pacific hopes for better valuation
Primus's EON Capital rejects HLB offer
Primus Pacific Malaysian investee EON Capital Bhd has rejected a MYR4.92 billion ($1.4 billion) takeover offer from Hong Leong Bank, run by Malaysian billionaire Quek Leng Chan.
Primus looks at EON exits
Primus Pacific Partners is in the frame to exit its 20.2% stake in Malaysia’s EON Capital as local peer Hong Leong Bank reportedly is negotiating with other shareholders to acquire the bank.
Taiwan stops Nan Shan deal – temporarily?
Taiwanese regulators have turned down an application from the consortium of Primus Financial Holdings and Hong Kong-listed China Strategic Holdings Ltd., to complete its winning bid for Nan Shan Life Insurance, the Taiwan unit of ailing US insurer American...