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Acquisitions | 12 Months Ended
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Dec. 31, 2023
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Acquisitions | Note 3 Acquisition Manulife Fund Management Co., Ltd. In November 2022, the Company acquired control of Manulife Fund Management Co., Ltd., formerly known as Manulife TEDA Fund Management Co., L td , through the purchase of the remaining 51% of shares that it did not already own from its joint venture partner. The transaction furthers the Company’s goals of expanding both its Asian and asset management businesses. The transaction included $334 of cash consideration and derecognition of the Company’s previous joint venture interest with a fair value of $321. The Company recorded a gain of $95 on derecognition of the previous joint venture interest , a n d recognized $160 of tangible net assets, $240 of intangible assets and $255 of goodwill in November 2022.

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