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Thailand: Prudential plc to acquire Thanachart Life for US$585 mln

Source: Asia Insurance Review | Dec 2012

Prudential Thailand will acquire entire stake in Thanachart Life, a wholly-owned life insurance subsidiary of Thanachart Bank, for a total settlement of THB18 billion (US$585 million). The acquisition of Thanachart Life will immediately double Prudential Thailand’s market share.

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