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Manulife Agrees To Acquire Principal Pension Operations In Indonesia

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NU Online News Service, Aug. 17, 4:56 p.m. – Manulife Financial Corp, Toronto, has agreed to acquire the Indonesian pension operations of the Principal Financial Group, Des Moines, Iowa.

Financial terms of the deal were not disclosed.

Manulife has more than 100 years experience in Asia and 7% of the Indonesian life insurance market.


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