Sumitomo Life Insurance Company plans to take full control of (SingLife), with an offer of $1.6 billion. Sumitomo Life Insurance Company (Sumitomo Life) plans to take full control of Singapore Life Holdings (SingLife), with an offer to buy out fellow shareholder TPG’s 35% stake for $1.6 billion, and to make an offer to the remaining shareholders. The transaction values SingLife at $4.6 billion, marking it as one of the largest insuran...
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