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8 months ago
BRIEF-DGB Financial Group to raise stake in unit DGB Life Insurance to 100 pct via stock swap
November 29, 2016 / 9:26 AM / 8 months ago

BRIEF-DGB Financial Group to raise stake in unit DGB Life Insurance to 100 pct via stock swap

1 Min Read

Nov 29 (Reuters) - DGB Financial Group :

* Says it decides to change unit DGB Life Insurance Co Ltd to its wholly owned subsidiary through stock swap

* Says stock swap ratio is 1 : 0.5530767 between the company and its unit

* Stock swap effective date is Jan. 5, 2017

Source text in Korean: goo.gl/xtJzSp

Further company coverage: (Beijing Headline News)

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