Dongbu Insurance Co., Ltd. (KOSE:A005830) agreed to acquire a 37.3% stake in Post & Telecommunication Insurance Joint Stock Company (HASTC:PTI) for KRW 50 billion on January 28, 2015. A contract will be signed in the near future and the deal is expected to close within the first half of 2015. KPMG acted as financial advisor and provided due diligence to Dongbu Insurance in the transaction.
Post & TelecommunicationInsurance Corporation
Equities
PTI
VN000000PTI5
Property & Casualty Insurance
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
33,200 VND | +4.40% | +2.15% | -9.54% |
1st Jan change | Capi. | |
---|---|---|
-9.54% | 105M | |
+51.91% | 67.02B | |
+14.18% | 51.34B | |
+10.44% | 48.17B | |
+17.64% | 43.46B | |
+37.67% | 38.24B | |
+79.37% | 33.75B | |
+10.43% | 29.43B | |
+27.85% | 25.84B | |
+2.25% | 22.12B |
- Stock Market
- Equities
- PTI Stock
- News Post & TelecommunicationInsurance Corporation
- Dongbu Insurance Co., Ltd. agreed to acquire a 37.3% stake in Post & Telecommunication Insurance Joint Stock Company for KRW 50 billion.