Anbang Insurance Group Co., Ltd. is in talks to acquire Tong Yang Life Insurance Co., Ltd. (KOSE:A082640) from Vogo Investment for $1.01 billion, as per source with knowledge of the matter. Vogo has 57.5% stake in Tong Yang. The deal will require regulatory approval.
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- Anbang Insurance In Talks To Acquire Stake In Tong Yang Life Insurance