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Article: BRIEFING - ASIA INSURANCE - MARCH 9, 2007.
- Article from:
- AsiaPulse News
- Article date:
- March 9, 2007
CopyrightCOPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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An executive briefing on insurance for March 9, 2007, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
KOREA DEPOSIT SEEKS TO SELL STAKE IN PRUDENTIAL'S KOREAN UNIT
SEOUL - The state-run Korea Deposit Insurance Corp. (KDIC) said Friday it has launched the sale of its 20 per cent holdings in the South Korean brokerage unit of U.S.-based Prudential Financial Inc.
The move came after receiving a letter of intent from Prudential Financial this week on exercising a call option to acquire the 20 per cent stake or 1.99 million shares in Prudential ...