Russell McVeagh Advises Commonwealth Bank of Australia on Sale of Sovereign Insurance
Russell McVeagh has advised Commonwealth Bank of Australia (CBA) on the sale of Sovereign, New Zealand’s largest life and health insurance business, to AIA International Limited (AIA) for AU$1.275 billion. CBA, the parent company of ASB Bank Limited (ASB), has sold its New Zealand life and health insurance business (Sovereign) to AIA Group Limited. The […]
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