OCBC to acquire the remaining 6.28% stake in Great Eastern for SGD896m.

Synopsis

OCBC, a Singaporean multinational banking and financial services corporation, agreed to acquire the remaining 6.28% stake in Great Eastern, an insurance provider, for SGD896m.

Principals

target

Great Eastern

bidder

Ocbc Bank

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Market Context

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Seller Team (1)

greg hingston

CEO at GREAT EASTERN

Manager

target

Deal

£ 514 M

Total Value

Bidder Team (1)

helen wong

CEO at OCBC BANK

Manager

bidder

Deals

£ 1.46 B

Total Value

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