Manulife Holdings Gets Offer for 3.22 Ringgit Per Share

Manulife Holdings Bhd. said it received a takeover offer from Manulife Century Holdings (Netherlands) BV to acquire all the shares it doesn’t own in the company, according to a statement to the Malaysian stock exchange today.

Manulife Century will pay 3.22 ringgit a share, and the board of the Malaysian unit is not considering seeking any alternative person to make another offer, the company said.

To contact the reporter on this story: Shamim Adam in Singapore at sadam2@bloomberg.net

To contact the editor responsible for this story: Sunil Jagtiani at sjagtiani@bloomberg.net

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