Temasek-backed ACR Capital taps Morgan Stanley to revive sale of SG reinsurer

Temasek-backed ACR Capital taps Morgan Stanley to revive sale of SG reinsurer

A pedestrian is reflected in the exterior of Morgan Stanley headquarters in New York, U.S., on Thursday, July 12, 2018. Photographer: Bess Adler/Bloomberg

Shareholders of Singapore-based reinsurance company ACR Capital Holdings have revived a majority stake sale plan and hired Morgan Stanley to run the process, people familiar with the matter told DealStreetAsia.

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