Sun Life Financial Inc. is acquiring a North American property investment managing firm for $560 million in a bid to expand its asset management business.

In a statement attached to a disclosure before the Philippine Stock Exchange (PSE), Sun Life said it is in the process of buying Bentall Kennedy Group. The transaction is expected to close within the third quarter of the year, subject to the closing terms and conditions, as well as corporate regulatory approvals.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details