9th Sep 2015 09:03
LONDON (Alliance News) - Canadian insurer Manulife Financial Corp is getting closer to a deal to buy the Hong Kong pensions business of emerging markets bank Standard Chartered PLC for about USD400 million, Reuters reported on Wednesday.
The report, which cited people familiar with the matter, said the sale would follow Standard Chartered's move to exit the consumer unit in Hong Kong last year.
http://www.reuters.com/article/2015/09/09/manulife-financi-stanchart-pensions-idUSL4N11F22I20150909
By Samuel Agini; [email protected]; @samuelagini
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