Great Eastern Holdings' (SGX:G07) subsidiaries, Great Eastern Life Assurance and Great Eastern Takaful Berhad terminated its acquisition deal with AMAB Holdings and MetLife International, according to a Monday filing with the Singapore Exchange.
In an earlier filing, the two subsidiaries had entered into an implementation agreement with AMAB and MetLife to acquire 100% shares in AmMetLife Insurance and AmMetLife Takaful.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.