Temasek Holdings Pte Ltd, Singapore's state-owned investment company, is in talks to buy a stake in the parent company of China Pacific Life, possibly scuttling the plan of US Carlyle Group to buy 25% of the state-run Shanghai insurer, the Wall Street Journal reported, citing sources close to the case. Temasek is also considering a stake in the Bank of China, and has already pledged US$1.4 billion for 5% of China Construction Bank.
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