June 25, 2020 / 9:44 AM / 15 days ago

BRIEF-Great Eastern To Invest In Axiata Digital's Financial Services Business

June 25 (Reuters) - Great Eastern Holdings

* ANNOUNCES INVESTMENT OF US$70 MILLION IN AXIATA DIGITAL’S FINANCIAL SERVICES BUSINESS

* INVESTMENT VIA NEWLY CREATED HOLDING CO WHOLLY OWNED BY AXIATA DIGITAL

* PROCEEDS FROM INVESTMENT TO FUND EXPANSION PLANS FOR AXIATA DIGITAL’S DFS BUSINESS OVER NEXT YEAR IN MALAYSIA & REGION

* CO TAKES A 21.875% STAKE IN BOOST HOLDINGS, HOLDING CO OF AXIATA’S DFS Source text for Eikon: Further company coverage:

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