KM Financial Solutions | Hong Kong’s NWS Holdings to buy FTLife Insurance for $2.75 bln
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Hong Kong’s NWS Holdings to buy FTLife Insurance for $2.75 bln

Hong Kong’s NWS Holdings to buy FTLife Insurance for $2.75 bln

Hong Kong’s NWS Holdings Ltd
has agreed to acquire FTLife Insurance Co Ltd for
HK$21.5 billion ($2.75 billion) from Beijing-based financial
holding firm JD Group, aiming to diversify its business from
infrastructure and services.

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