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Mirae Asset Life says made final bid for Prudential's S.Korea unit

Reuters - UK Focus

SEOUL, Sept 9 (Reuters) - South Korea's Mirae Asset Life (KSE: 085620.KS - news) Insurance Co Ltd said in a regulatory filing on Friday it had submitted a final bid for PCA Life Insurance Co Ltd, an unlisted South Korean unit of British insurer Prudential (Amsterdam: PD8.AS - news) PLC.

Mirae Asset did not, however, disclose details such as the financial terms of its bid. PCA Life last year posted a net profit of 28.8 billion won ($26.23 million). ($1 = 1,097.7900 S (Other OTC: UBGXF - news) .Korean won) (Reporting by Se Young Lee, editing by G Crosse)