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New Deal


Announced

Completed

Sun Life completed an $193m investment in Dah Sing Bank.

Financials

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Transaction Value£156m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Cross Border

Hong Kong

Banks

Friendly

Completed

banking

Single Bidder

Private

financial services

Minority

Synopsis

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Sun Life, an insurance company completed an $193m investment in Dah Sing Bank, a banking company. "We are delighted to partner with Dah Sing Bank in Hong Kong. We now have more than 20 quality bancassurance partnerships in seven markets across Asia as we expand our reach with world-class solutions and partners who share our commitment to place Clients at the centre of everything we do. We look forward to forging a formidable partnership with Dah Sing Bank as together we help even more Clients achieve lifetime financial security and live healthier lives," Ingrid Johnson, Sun Life President.

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