$Great Eastern (G07.SG)$ Allianz is taking a stake in Income...
$Great Eastern (G07.SG)$ Allianz is taking a stake in Income with a pre-condition offer price of $40.58 per Income share! Which is 38% higher than the embedded value!
Hope GE is learning from this.
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wc2c : OCBC is horrible。 donot care reputation. Never buy insurance from GE
wc2c : OCBC needs to pay >$40 for the rest 7%.