Brief: Japan's SBI To Raise Stake In S. Korea's Third-Largest Life Insurance Provider, Nikkei Says
16/04/2025 16:28
April 16 (Reuters) - Nikkei: JAPAN'S SBI TO RAISE STAKE IN SOUTH KOREA'S THIRD-LARGEST LIFE INSURANCE PROVIDER SBI HOLDINGS TO INCREASE STAKE IN KYOBO LIFE INSURANCE TO OVER 20% FROM 9.3% SBI'S TOTAL INVESTMENT IN KYOBO, INCLUDING ADDITIONAL FUNDING THIS TIME AROUND, EXPECTED TO BE ABOUT 100 BILLION YEN Further company coverage: 8473.T ((Reuters.Briefs@thomsonreuters.com;))
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