UPDATE 3-Samsung Life sale collapse threatens debt plan

Newswire

(Recasts with official confirmation talks are off) By Rhee So-eui SEOUL, March 24 (Reuters) - Talks to sell a stake in South Korea's top life insurer to Newbridge Capital or Warburg Pincus were called off on Thursday following disagreements over management rights, one of the insurer's shareholders said. The collapse of the talks to sell shares in Samsung Life Insurance Co. to one or other of the private equity firms appears to be reigniting a dispute between local banks and parent ...

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