Japan: Insurer strikes record $5.7B buyout in the US (Competition Policy International)

Japanese insurer Dai-ichi Life Insurance has reportedly reached a deal with US-based Protective Life to merge in a $5.7 billion agreement.

According to reports, the transaction marks the largest buyout of a foreign company by a Japanese insurance firm in history; the deal is set to create the world’s thirteenth-largest insurer, …read more

Source: Global Competition Law Blogs