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First Origin to buy HK Life Insurance for HK$7.1b

Wednesday, March 22, 2017 - 05:50

Hong Kong

FIRST Origin International Ltd, a Hong Kong-based investment firm, has agreed to acquire Hong Kong Life Insurance Ltd for HK$7.1 billion (S$1.3 billion), said two of the owners of the Hong Kong insurer in the latest insurance deal in the territory.

The unlisted insurance

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