Wednesday, June 20, 2007

UPDATE 2-Sun Life shares rise on China move, U.S. sales

(Reuters) - VANCOUVER, British Columbia, June 20 - Shares in
Sun Life Financial Inc. rose 2.5 percent on Wednesday
after Canada's third biggest life insurer announced an
expansion into China's richest city as well as sturdy insurance
sales in the United States.




Sun Life made the announcements as part of an "investor
day" in Toronto, at which company executives also sketched out
a tough environment for acquisitions with prices propelled by
strong equity markets and a superabundance of available funding
worldwide.


Read more at Reuters.com Mergers News

No comments: