Boustead buys into RSA Malaysian unit


Boustead buys into RSA Malaysian unit

KUALA LUMPUR, Malaysia (Reuters)— Malaysian conglomerate Boustead Holdings agreed on Wednesday to buy 45% of the Malaysian unit of British insurer Royal & SunAlliance Insurance Group P.L.C. for $43.2 million cash. The purchase, from The London Assurance, values the unlisted insurer at $96...

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