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British insurer Prudential mentioned it had purchased a majority stake in Nigeria's Zenith Life to offer it entry to the African country's fast-growing insurance market. Royal Dutch Shell Plc stated it might sell its γιαty five p.c stake within the Corrib gasoline enterprise to a unit of Canada Pension Plan Funding Board (CPPIB) για up to $1.23 billion, marking the oil firm's exit from the upstream business in Eire. Australia and New Zealand Banking Group is close to a deal to sell its Malaysian banking stake to a pension fund and exit the Southeast Asian nation, sources familiar with the matter mentioned, in a transaction that might be value round $900 million.
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