Carlyle Group [CYL.UL] is selling 415 million more shares in China Pacific Insurance (Group) Co Ltd (2601.HK), at a discount of 0-0.5 percent of the last traded price, sources with direct knowledge of the matter told Reuters. The stake is valued at about $1.8 billion. Carlyle off loaded $860 million worth of the insurance company's shares on Dec. 30. Carlyle declined to comment. The company could not immediately be reached. (Reporting by Denny Thomas and Daniel Stanton; Editing by Michael Flaherty
Source
