Brief: Great Eastern Announces Acquisition Of Pt Qbe General Insurance Indonesia By Great Eastern General Insurance
10/12/2018 23:06
Dec 11 (Reuters) - Great Eastern Holdings Ltd GELA.SI :
* ANNOUNCES ACQUISITION OF PT QBE GENERAL INSURANCE
INDONESIA BY
GREAT EASTERN GENERAL INSURANCE LIMITED
* ESTIMATED AGGREGATE CONSIDERATION FOR ACQUISITION, WHICH
IS
PAYABLE WHOLLY IN CASH, IS USD 28.0 MILLION
* UNIT TO BUY 100% SHARES IN PT QBE GENERAL INSURANCE
INDONESIA
FROM QBE ASIA PACIFIC HOLDINGS & QBE INSURANCE (INTERNATIONAL)
PTY
Source text for Eikon: ID:nSNZ7TmNMs
Further company coverage: GELA.SI
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