Hanwha Corp sells $173 mln worth of Hanwha Life Insurance shares

Hanwha Life Insurance

06/04/2016 09:14

SEOUL, April 6 (Reuters) - S.Korea's Hanwha Corp  000880.KS  
said on Wednesday it is selling 200 billion won ($173.00 
million) worth of shares in insurer affiliate Hanwha Life 
Insurance Co Ltd  088350.KS  to its unlisted construction 
affiliate.  
    Hanwha, a de facto holding company of chemical-to-defense 
Hanwha Group, will own a remaining 18.2 percent stake in South 
Korea's second-largest life insurer.  
     
($1 = 1,156.0400 won) 
 
 (Reporting by Joyce Lee) 
 ((jungyoon.lee@thomsonreuters.com; +82 2 3704 5609; Reuters 
Messaging: jungyoon.lee.thomsonreuters.com@reuters.net)) 
 
Keywords: HANWHA HANWHA LIFE INS