Japan's MS&AD reportedly considering deal for Malaysia's LPI Capital

Bloomberg reports MS&AD is considering a deal for Malaysian insurer LPI Capital, per several outlets. Local coverage cites MBSB Research estimates of possible gains for Public Bank, which holds a stake.

Timeline

1. 19 Oct, 07:40 UTCPicked up on News
2. 19 Oct, 07:40 UTCBloomberg reports MS&AD considering LPI deal
3. 19 Oct, 07:40 UTCThe Edge Malaysia covers Bloomberg report

Top sources

• lpi capitalGoogle Trends
• Japan’s MS&AD considering deal for Malaysian insurer LPI Capital: BloombergInsuranceAsia News
• Public Bank could reap RM2.24b from potential LPI sale, says MBSB ResearchThe Malaysian Reserve
• Public Bank could realise a RM521 million gain from its LPI Capital stakeTraders Union
• Bp19-jw-lpi-msig-takeoverBorneo Post