Sun Life Financial acquires Grepalife Financial in Philippines

Sun Life Financial has announced that it has entered into an agreement with the Yuchengco Group of Companies to acquire 49% of Grepalife Financial, which will result in the creation of a restructured entity called Sun Life Grepa Financial.  The new joint venture entity will allow Sun Life Financial Philippines to form a bancassurance relationship with the Yuchengco-owned Rizal Commercial…

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