KB Financial Group Decides to Acquire 100% Stake in Prudential Life Insurance for 2.3 Trillion KRW
[Asia Economy Reporter Minwoo Lee] KB Financial Group announced on the 10th that it has decided to acquire 15 million shares, representing 100% of the equity, of Prudential Life Insurance for 2.265 trillion KRW. The company explained, "We decided to acquire Prudential Life Insurance to strengthen the competitiveness of the life insurance business division within the group."
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