AIA eyes East Asia acquisitions
October 9, 2012 | 12:00am
MANILA, Philippines - The AIA Group is acquiring the Malaysian and Thailand branches of the ING Group, which is selling assets to comply with European Union orders. Reports indicate that the final terms to sell its business may amount to roughly about 1.4 billion euros ($1.8 billion). AIA chief executive officer Mark Tucker reportedly said that the acquisition “would add value to investors and are financially viable.” AIA will also be acquiring Aviva NDB Insurance Plc (CTCE), Sri Lanka’s second-largest life insurer.
BrandSpace Articles
<
>
- Latest
Latest
Latest
June 28, 2024 - 2:55pm
June 28, 2024 - 2:55pm
May 6, 2024 - 10:55am
May 6, 2024 - 10:55am
Recommended
November 14, 2024 - 12:00am
November 13, 2024 - 12:00am