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Provider: Wright Reports
Provider: Reuters Investment Profile
Provider: Thomson Reuters Stock Report
Provider: Thomson Reuters StreetEvents

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Resolution Ltd In Talks To Sell Malaysia JV Stake-Reuters

Tuesday, 16 Oct 2012 09:32am EDT 

Reuters reported that British life insurer Resolution was in talks to sell its stake in a Malaysian joint venture as part of an overhaul aimed at cutting costs and boosting returns to shareholders. The Company is discussing a sale of its 30% stake in Amlife Insurance Berhad and AmFamily Takaful Berhad back to its joint venture partner. 

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5.5 +1.89%
12:14pm EDT