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CFIUS Clears China's Anbang's $1.56B Fidelity Buy

By Chelsea Naso ( March 16, 2016, 12:41 PM EDT) -- China's Anbang Insurance Group clinched approval from the Committee on Foreign Investment in the U.S. for its $1.56 billion buyout of Iowa-based annuities and life insurance provider Fidelity & Guaranty Life, news that comes as the insurance giant looks to win over Starwood Hotels. ...

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