Australia’s Suncorp to sell life insurance unit to Dai-Ichi Life unit for $539 mln
07 Aug Australia’s Suncorp to sell life insurance unit to Dai-Ichi Life unit for $539 mln
Posted at 22:12h
in
News
by KMFSLLP
Insurer Suncorp Group Ltd said on
Thursday it had entered an agreement to sell its life insurance
division to a unit of Dai-Ichi Life Holdings for A$725
million ($538.82 million), ending more than a year of
speculation over a sale it had considered since early 2017.
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