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Thursday, January 17, 2013

Sun Life, Khazanah to purchase Aviva's Malaysian insurance JV for C$586 mln, (NYSE: SLF), (TSE: SLF.TO)

Canada's Sun Life Financial Inc and Malaysian state investor Khazanah will purchase 98 percent of Aviva Plc's Malaysian insurance joint venture with lender CIMB for C$586 million ($594 million). Sun Life and Khazanah will each pay C$293 million, the Canadian company said in a statement.

Sun Life Financial Inc. (SLF Inc.) is the holding company of Sun Life Assurance Company of Canada (Sun Life Assurance). Shares of SLF remained unchanged at $28.33. In the past year, the shares have traded as low as $18.94 and as high as $28.48. On average, 396710 shares of SLF exchange hands on a given day and today's volume is recorded at 0.

Sun Life Financial Inc. (SLF Inc.) is the holding company of Sun Life Assurance Company of Canada (Sun Life Assurance). Shares of SLF remained unchanged at $27.94. In the past year, the shares have traded as low as $19.69 and as high as $28.06. On average, 1432550 shares of SLF.TO exchange hands on a given day and today's volume is recorded at 1024526.



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