(Reuters) - Suncorp Group <SUN.AX> on Tuesday postponed the targeted close of the A$725 million ($520.04 million) sale of its Australian life insurance business to Japan's Dai-ichi Life <8750.T>, citing the timing of regulatory approvals.
The company said in a statement it was targeting late February for the completion date, compared with its initial date of late-December this year.
The company also said that an extraordinary general shareholders' meeting regarding a capital return would be held after the completion of the sale, instead of mid-December as initially proposed.
(Reporting by Ambar Warrick in Bengaluru; Editing by Leslie Adler)
