Thai acquisition to double Pru market share
Insurer Prudential is set to acquire Thanachart Life Assurance Company, a wholly-owned life insurance subsidiary of Thanachart Bank.
The deal is worth £358m (THB17.5bn) and is expected to close in the first quarter of 2013, with a further payment of £10m (THB0.5bn) payable 12 months after completion, subject to a post-completion
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