Thai Siam Commercial Bank to sell insurance unit to FWD for $3 bln
Thailand’s largest lender, Siam
Commercial Bank Pcl (SCB), is selling its life
assurance business to Hong Kong-based insurer FWD Group for 92.7
billion Thai baht ($3 billion), marking the largest insurance
M&A deal in Southeast Asia.
Commercial Bank Pcl (SCB), is selling its life
assurance business to Hong Kong-based insurer FWD Group for 92.7
billion Thai baht ($3 billion), marking the largest insurance
M&A deal in Southeast Asia.
Posted by Reuters