Hanwha Life Insurance Co., Ltd. (KOSE:A088350) agreed to acquire 40% stake in PT Bank Nationalnobu Tbk (IDX:NOBU) from PT Lippo Karawaci Tbk (IDX:LPKR) on April 23, 2024. The transaction was approved by the Board of Directors of Hanwha Life Insurance Co., Ltd. The deal will be completed after the formal contract is signed and approval is granted by financial authorities in both Korea and Indonesia.