KUALA LUMPUR: AMMB Holdings Bhd
said its 51% owned AmGeneral Holdings Berhad (AGHB) has entered into an Implementation Agreement with Liberty Insurance Bhd to dispose AmGeneral Insurance Bhd (AGIB) for RM2.29bil for cash and shares.
The deal, subject to regulatory approvals, will give AMMB a 30% equity interest in LIB and AGIB.
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