Sumitomo Life Tin tức

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.

Japanese insurer targets larger stake in Vietnam's Bao Viet Holdings

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.