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Tokio Marine Mulling Possible Sale of Southeast Asian Units, Bloomberg Reports

--Tokio Marine Holdings Inc. is mulling a possible sale of its life-insurance units in Southeast Asia, which could be valued at around $1 billion, Bloomberg reports, citing sources familiar with the matter.

--The Japanese insurance holding company is working with an adviser to assess potential interest among investors in a deal that would involve its units in Indonesia, Malaysia, Singapore and Thailand, Bloomberg reports.


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(END) Dow Jones Newswires

April 25, 2023 05:26 ET (09:26 GMT)

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