Nov 13 (Reuters) - Suncorp Group (SUN) on Tuesday postponed the targeted close of the A$725 million ($520.04 million) sale of its Australian life insurance business to Japan's Dai-ichi Life 8750.T , citing the timing of regulatory approvals.
The company said in a statement it was targeting late February for the completion date, compared with its initial date of late-December this year.
The company also said that an extraordinary general shareholders' meeting regarding a capital return would be held after the completion of the sale, instead of mid-December as initially proposed.
($1 = 1.3941 Australian dollars)
News: SUN Australia's Suncorp postpones close of insurance business sale
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$21.18 |
Change
0.130(0.62%) |
Mkt cap ! $22.93B | |||
| Open | High | Low | Value | Volume |
| $21.28 | $21.43 | $21.15 | $24.02M | 1.130M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 10823 | $21.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.20 | 1000 | 1 |
View Market Depth
| Last trade - 16.10pm 12/09/2025 (20 minute delay) ? |
| SUN (ASX) Chart |