Aug 9 (Reuters) - Insurer Suncorp Group Ltd (SUN) said on Thursday it had entered an agreement to sell its life insurance division to a unit of Dai-Ichi Life Holdings 8750.T for A$725 million ($538.82 million), ending more than a year of speculation over a sale it had considered since early 2017.
Completion of the sale is expected to result in an after-tax non-cash loss on sale in fiscal 2019 of approximately A$880 million, Suncorp said in a statement.
($1 = 1.3455 Australian dollars)
Aug 9 (Reuters) - Insurer Suncorp Group Ltd (SUN) said on...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$20.76 |
Change
0.160(0.78%) |
Mkt cap ! $22.48B | |||
| Open | High | Low | Value | Volume |
| $20.53 | $20.80 | $20.43 | $41.47M | 2.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1111 | $20.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.80 | 7394 | 3 |
View Market Depth
| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| SUN (ASX) Chart |