Great Eastern to buy Malaysia insurance business from AMMB, MetLife for $256 mln

Great Eastern Holdings

02/10/2023 12:24

Oct 2 (Reuters) - Singapore insurer Great Eastern
Holdings  GELA.SI  said on Monday it agreed to buy a Malaysian
insurance businesses jointly owned by AMMB Holdings Bhd
 AMMB.KL  and MetLife International for 1.21 billion ringgit
($256.63 million).
 
($1 = 4.7150 ringgit)

 (Reporting by Poonam Behura in Bengaluru; Editing by Shailesh
Kuber)
 ((Poonam.Behura@thomsonreuters.com;))