Japanese insurer Tokio Marine Holdings has picked Goldman Sachs and Jefferies to work on the sale of its Southeast Asia life insurance business worth $1 billion, two sources with knowledge of the transaction said.
to work on the sale of its Southeast Asia life insurance business worth $1 billion, two sources with knowledge of the transaction said.
A sale could include Tokio Marine's life insurance businesses in Indonesia, Malaysia, Singapore and Thailand, said the other source.Tokio Marine, Goldman Sachs and Jefferies declined to comment.
Indonesia Berita Terbaru, Indonesia Berita utama
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