MetLife expands in Malaysia
MetLife has reached an agreement with Malaysia's AMMB Holdings, which owns the fifth largest bank in Malaysia, to form a strategic partnership involving AmLife Insurance Berhad and AmFamily Takaful Berhad.
Upon regulatory approval, the proposed transaction will result in MetLife owning a 50% and one share in AmLife with the remaining shares to be owned by AMMB, and AMMB owning a 50% and one share in
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