Latest news with #Dai-ichiLifeHoldings
Nikkei Asia
3 days ago
- Business
- Nikkei Asia
Japan's Dai-ichi Life to acquire 15% stake in British insurer M&G
TOKYO -- Japan's Dai-ichi Life Holdings on Friday said it will acquire a 15% stake in M&G, a major British life insurance company. The investment is expected to exceed 150 billion yen ($1 billion). The two companies announced a new long-term strategic partnership across asset management and life insurance.
Nikkei Asia
12-05-2025
- Business
- Nikkei Asia
Japan's Dai-ichi Life to boost stake in UK hedge fund Capula
TOKYO -- Japanese life insurance group Dai-ichi Life Holdings will make U.K.-based hedge fund Capula Investment Management an equity-method affiliate, looking to tap the company's bond investment expertise amid market turbulence. Subsidiary Dai-ichi Life Insurance acquired Capula shares from trading house Mitsubishi Corp. in 2018 and now holds just under a 5% stake. It plans to acquire an additional 10%-plus interest as soon as this month for an undisclosed sum, bringing its stake to 15%.
