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Business deals

Prudential buys exclusive rights to sell insurance via Thai bank

British insurer strikes $750m deal with Hong Kong-based FWD to expand Asian footprint

British insurer Prudential has reached an exclusive deal, worth 24.5 billion baht ($750 million), to sell life insurance products through TMB Bank, Thailand's sixth largest lender. (Source photos by Reuters)

BANGKOK -- British insurer Prudential said it has reached an exclusive deal to sell life insurance products through TMB Bank, Thailand's sixth largest lender.

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