Prudential, Woori in mix for Tong Yang stake - report
Trade players including US-based insurance major Prudential Financial and Korean financing services firm Woori Finance Holdings are reportedly considering bids for South Korea's Tong Yang Life Insurance, which is 60.7%-owned by Vogo Fund.
Sources close to the firm tell Reuters that Vogo Fund may sell its full stake in the company, a subsidiary of mid-size South Korean conglomerate Tong Yang Group, which could be worth KRW1 trillion ($888...
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