Mirae Asset Life Insurance pushing to acquire local unit of British insurer Prudential
All News
19:08 September 02, 2016
SEOUL, Sept. 2 (Yonhap) -- Mirae Asset Life Insurance Co., said Friday that it is pushing to buy a stake in PCA Life Insurance Co., a local unit of Britain's largest insurer Prudential Plc.
Still, the insurance unit of South Korea's asset managing giant Mirae Asset Financial Group said "no specific decision has been made" in a regulatory filing.
PCA Life Insurance said it has assets worth 5 trillion won (US$4.4 billion) and has about 350 employees in South Korea.
entropy@yna.co.kr
(END)
Issue Keywords
Most Liked
-
(LEAD) U.S. reaffirms security commitment to S. Korea following NK missile tests -
(2nd LD) Ruling party's presidential candidate eyes 'de facto' unification with N. Korea -
S. Korea confirms another highly pathogenic bird flu case -
40 pct of self-employed consider biz closure amid pandemic: survey -
N. Korean cargo train arrives in Chinese city of Dandong: sources
Most Saved
-
(2nd LD) N. Korean cargo train arrives in Chinese city of Dandong: sources -
(3rd LD) N. Korea announces firing of 2 train-borne guided missiles into East Sea -
(2nd LD) Ruling party's presidential candidate eyes 'de facto' unification with N. Korea -
U.S., 7 other nations urge full implementation of N. Korea sanctions -
(LEAD) U.S. reaffirms security commitment to S. Korea following NK missile tests
-
KBS apologizes for horse tripping during filming of 'Lee Bang-won' -
Beijing-bound figure skater stumbles in final pre-Olympic tuneup -
U.S., 7 other nations urge full implementation of N. Korea sanctions -
Daily cases over 6,000 for 2nd day amid omicron woes -
Lee repeats call for prudence on military service exemption for BTS
