[Asia Economy Reporter Seungjin Lee] Hana Financial Group announced on the 22nd that it will additionally acquire 29,988,522 shares of its non-life insurance subsidiary Hana Non-Life Insurance for approximately 149.9 billion KRW.


After the stock acquisition, Hana Financial Group's stake in Hana Non-Life Insurance will be 89.6%. The scheduled date for the stock acquisition is the 27th.



Hana Financial Group stated that the purpose of this stock acquisition is "capital expansion to strengthen the competitiveness of the subsidiary."


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