Woori Finance Holdings Co (WF) has released an update.
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Woori Financial Group Inc. has announced its decision to fully acquire ABL Life Insurance Co., Ltd., aiming to enhance its market competitiveness. This strategic acquisition involves purchasing 3,106,736 shares, representing 100% of ABL Life’s total issued shares, with the acquisition method being a cash payment. The decision underscores Woori Financial Group’s commitment to expanding its services and strengthening its position in the financial sector.
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