SCB in talks with FWD for $3bn insurance sale

HONG KONG – Siam Commercial Bank (SCB) has entered into exclusive talks with Hong Kong insurer FWD Group to sell its life insurance arm, which could raise $3 billion (103 billion baht) for Thailand’s third-biggest lender, people with direct knowledge of the matter said.
SCB in talks with FWD for bn insurance sale
SCB in talks with FWD for bn insurance sale
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