Tokio Marine Mulling Possible Sale of Southeast Asian Units, Bloomberg Reports
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--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.
Full story: https://bloom.bg/3V79r1C
Write to Ronnie Harui at ronnie.harui@wsj.com
(END) Dow Jones Newswires
April 25, 2023 05:26 ET (09:26 GMT)
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