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Malaysia's Top Bank Is Said to Weigh Options for Insurer Etiqa

By Yahoo! Finance   |   Nov 12, 2024 at 01:22 AM EST
Malaysia's Top Bank Is Said to Weigh Options for Insurer Etiqa

Malayan Banking Bhd. is exploring options to increase the value of Etiqa, considering buying out Ageas SA's minority stake or finding a new investor. The potential deal could value Etiqa at $4 billion, with options to renegotiate agreements for product distribution.

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