Exclusive: Anbang's Fidelity & Guaranty acquisition set to fall through - sources
April 16, 2017 at 15:23 PM EDT
(Reuters) - China's Anbang Insurance Group will let its agreement to acquire U.S. annuities and life insurer Fidelity & Guaranty Life (FGL) for $1.6 billion lapse, after failing to secure all the necessary regulatory approvals, people familiar with the matter said on Sunday.