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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 To Invest In Axiata Digital's Financial Services Business

Thu 25th June, 2020 10:42am
June 25 (Reuters) - Great Eastern Holdings  GELA.SI  
    * ANNOUNCES INVESTMENT OF US$70 MILLION IN AXIATA DIGITAL'S
FINANCIAL SERVICES BUSINESS
    * INVESTMENT VIA NEWLY CREATED HOLDING CO WHOLLY OWNED BY
AXIATA
DIGITAL
    * PROCEEDS FROM INVESTMENT TO FUND EXPANSION PLANS FOR
AXIATA
DIGITAL'S DFS BUSINESS OVER NEXT YEAR IN MALAYSIA & REGION
    * CO TAKES A 21.875% STAKE IN BOOST HOLDINGS, HOLDING CO OF
AXIATA'S DFS

Source text for Eikon:  ID:nSNZ8jQ7fC 
Further company coverage:  GELA.SI 

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