Iconic American Companies Owned by Chinese Investors

39. Fidelity & Guaranty Life

Headquarters: Des Moines, Iowa
Bought By: Anbang Insurance Group (Failed Acquisition)
Headquarters: Beijing, China

Fidelity and Guaranty Life Insurance Company help millions of people feel more secure in case the worst ever happens. That being said, the future of the company wasn’t always so certain. F&G was owned wholly by Harbinger Group until it was opened up to the public in 2013.

Then, Anbang Insurance Group expressed an interest in making the purchase for $1.57 billion. Everything was set to go until the deal was terminated at the last minute. Instead, F&G was acquired by CF Corp in 2017 for an estimated $1.84 billion.