Sumitomo Life spends $173 mln for additional 5.91% stake at insurer Bao Viet
Japan’s third largest life insurer has raised ownership at Vietnam’s leading insurer Bao Viet to 22.09% from 17.48%, company said by statement on its website.
Japan’s third largest life insurer has raised ownership at Vietnam’s leading insurer Bao Viet to 22.09% from 17.48%, company said by statement on its website.
Japanese insurer Sumitomo Life, an arm of Sumitomo Corp., has registered to buy more than 41.4 million shares of local insurer Bao Viet Holdings (HoSE: BVH), according to exchange filing.