Read
- Exclusive: Fidelity facing "thousands" hit by Facebook woes
- Facebook market makers' losses total at least $100 million
|
- Protests planned after minister calls for gays to be fenced in
- Exclusive: China leadership rules Bo case isolated, limits purge: sources
- Spain region, Greek exit warnings rattle euro zone
Hana to Sell Stake in Life Insurance Unit to HSBC
SEOUL |
SEOUL (Reuters) - South Korea's Hana Financial (086790.KS) on Monday said it had entered a agreement to sell a stake in its life insurance unit to HSBC Holdings Plc (HSBA.L) (0005.HK).
In a filing to the Korea Exchange, South Korea's No. 4 banking group said it was selling 50 percent minus one share to HSBC. The value of the deal was not disclosed.
(Reporting by Marie-France Han; editing by Keiron Henderson)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.
Follow Reuters