News Life and Health26 Mar 2021

Hong Kong:AIA to acquire BEA Life for US$650m

| 26 Mar 2021

Hong Kong-listed AIA Group will pay HK$5,070m (approximately $650m) for the acquisition of 100% of BEA Life, a wholly-owned subsidiary of The Bank of East Asia (BEA) and for the exclusive 15-year life insurance distribution partnership with the bank.

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