Brief: Mirae Asset Life Insurance to buy PCA Life Insurance for 170 bln won

Mirae Asset Life Insurance

10/11/2016 09:29

Nov 10 (Reuters) - Mirae Asset Life Insurance Co Ltd 
 085620.KS  : 
     
    * Says it will buy entire 23.4 million shares of PCA Life 
Insurance Co.,Ltd, for value-focused business strategy and 
customers expectation of happy later life 
    * Says transaction amount is 170 billion won 
    * Says it will hold 100 percent stake(23.4 million shares) 
in PCA Life Insurance Co.,Ltd, after the transaction 
     
     
    Source text in Korean: https://goo.gl/MyLYm7 
    Further company coverage:  085620.KS  
 
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