FILE PHOTO: FILE PHOTO: A pedestrian looks at his phone as he walks past a logo for Australia’s Westpac Banking Corp located outside a branch in central Sydney, Australia, November 5, 2018. REUTERS/David Gray/File Photo/File Photo
August 8, 2021
(Reuters) – Australia’s second largest lender Westpac Banking Corp said on Monday it is selling its Australian life insurance business to Japan’s Dai-ichi Life Holdings for A$900 million ($660 million).
($1 = 1.3637 Australian dollars)
(Reporting by Shashwat Awasthi and Riya Sharma; Editing by Muralikumar Anantharaman)