Aug 10 (Reuters) - Manulife Financial Corp

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* Manulife's outgoing ceo (not new ceo) says ultimate determination on possible john hancock spin-off would be if it created shareholder value

* Manulife ceo says company "regularly investigates all opportunities of improving shareholder value"

* Manulife ceo says company "has some challenging blocks of legacy business" Source text for Eikon: Further company coverage: (Reporting by Matt Scuffham)