June 21 (Reuters) - Commonwealth Bank of Australia (CBA) , the country's largest lender, said on Monday it had agreed to sell its Australian general insurance business to South African insurer Hollard Group.
The deal is for an upfront cash consideration of A$625 million ($468.06 million), along with deferred payments, it said.
($1 = 1.3353 Australian dollars)
News: CBA Australia's CBA sells general insurance unit to South Africa's Hollard Group
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Last
$169.83 |
Change
0.750(0.44%) |
Mkt cap ! $284.1B | |||
| Open | High | Low | Value | Volume |
| $170.24 | $171.49 | $169.28 | $192.1M | 1.129M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5 | $169.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $169.86 | 280 | 1 |
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| CBA (ASX) Chart |