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G07 - Great Eastern Holdings News Story

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Sector
Financials
Size
Large Cap
Market Cap £5.30bn
Enterprise Value £1.54bn
Revenue £9.12bn
Position in Universe 221st / 5954

BRIEF-Great Eastern Announces Acquisition Of Pt Qbe General Insurance Indonesia By Great Eastern General Insurance

Mon 10th December, 2018 11:06pm
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 

 ((Reuters.Briefs@thomsonreuters.com;))
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