KM Financial Solutions | UPDATE 1-Hong Kong’s NWS Holdings to buy FTLife Insurance for $2.8 bln
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UPDATE 1-Hong Kong’s NWS Holdings to buy FTLife Insurance for $2.8 bln

UPDATE 1-Hong Kong’s NWS Holdings to buy FTLife Insurance for $2.8 bln

Hong Kong’s NWS Holdings Ltd
has agreed to buy FTLife Insurance Co Ltd for HK$21.5
billion ($2.8 billion) from Chinese financial holding firm JD
Group, in the biggest-ever insurance acquisition deal in the
Asian financial hub.

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