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Foreign insurers are said to plan US$2 bil of Malaysia deals

Foreign insurers are said to plan US$2 bil of Malaysia deals

KUALA LUMPUR (July 20): Overseas insurers including Prudential Plc are pursuing plans to sell stakes in their Malaysian units, in deals that could raise at least a combined US$2 billion and help them comply with foreign ownership limits, people with knowledge of the matter said.

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