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Sun Life Financial Inc. and Malaysian state investor Khazanah will buy Aviva Plc’s Malaysian insurance joint venture with lender CIMB Group for 1.8 billion Malaysian ringgit ($597 million) in a deal that will accelerate Sun Life’s push into Southeast Asia.

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AVIVA ASSURANCE BERHAD AND ISLAMIC

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Sun Life Financial Inc. and Malaysian state investor Khazanah will buy Aviva Plc’s Malaysian insurance joint venture with lender CIMB Group for 1.8 billion Malaysian ringgit ($597 million) in a deal that will accelerate Sun Life’s push into Southeast Asia.

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Sun Life acquires Malaysian insurer

January 19, 2013 - 12:00am

Sun Life Financial Inc. and Malaysian state investor Khazanah will buy Aviva Plc’s Malaysian insurance joint venture with lender CIMB Group for 1.8 billion Malaysian ringgit ($597 million) in a deal that will...

Business