Manulife, Ace among bidders for NY Life Asia: sources

HONG KONG (Reuters) – Canadian insurer Manulife Financial Corp and Switzerland’s Ace Ltd are among bidders for New York Life Insurance Co’s Hong Kong, Taiwan and South Korean assets that are up for sale, sources said, in a deal valued between $800 million and $1 billion.

Leave a Reply

Manulife, ACE among bidders for NY Life Asia -sources

HONG KONG, Aug 27 (Reuters) – Canadian insurer Manulife
Financial Corp and Switzerland’s Ace Ltd are
among bidders for New York Life Insurance Co’s Hong Kong, Taiwan
and South Korean assets that are up for sale, sources said, in a
deal valued between $800 million and $1 billion.

Leave a Reply