Dai-ichi Life Insurance Co Ltd (8750.T)
|Market Cap (Mil.):||¥1,726,601.00|
|Shares Outstanding (Mil.):||1,185.04|
* Seven & i rises to 6-month high on strong earnings * Dai-ichi Life drops on share issuance * Nikkei up 2.2 pct for the week By Ayai Tomisawa TOKYO, July 4 - Japan's Nikkei share average rose to a 5-1/2-month high on Friday as a much-stronger-than-expected U.S. jobs report fueled investors' appetite for riskier assets, while the weak yen lifted exporters. The Nikkei was up 0.7 percent at 15,459.22 points by mid-morning after hitting a high of 15,490.37 earlier, it
TOKYO, July 3 - Japan's Dai-ichi Life Insurance Co Ltd will issue up to 275.9 billion yen ($2.7 billion) in new shares to help fund its planned acquisition of U.S. peer Protective Life, according to a regulatory filing with the finance ministry.
(The following statement was released by the rating agency) TOKYO/HONG KONG, June 05 (Fitch) Fitch Ratings says The Dai-ichi Life Insurance Company, Limited's (Dai-ichi Life; Insurer Financial Strength rating: A+/Stable) acquisition of US-based Protective Life Corporation (PL; IFS: A/Rating Watch Positive) will strengthen the Japanese insurer's credit profile. Fitch expects the negative impact on Dai-ichi Life's capital adequacy and financial leverage to be limited. Dai-ichi Life said the pu
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TOKYO - Japan's Dai-ichi Life Insurance Co has agreed to buy U.S. peer Protective Life for $5.7 billion, the largest acquisition by a Japanese insurer, displaying its determination to grow overseas to counter weak prospects at home.
* Buyer to issue up to $2.4 bln in new shares to fund deal
TOKYO - Dai-Ichi Life Insurance Co will buy U.S. peer Protective Life for $5.708 billion (582.2 billion yen), funding part of that by issuing up to 250 billion yen ($2.4 billion) in new shares, according to a regulatory filing made on Wednesday.
TOKYO, June 4 - Dai-Ichi Life Insurance Co will buy U.S. peer Protective Life for $5.708 billion (582.2 billion yen), funding part of that by issuing up to 250 billion yen ($2.4 billion) in new shares, according to a regulatory filing made on Wednesday.
TOKYO - Japanese insurer Dai-ichi Life Co 8750.T is in advanced talks to buy U.S. peer Protective Life Corp PL.N in a deal that could be worth over $5 billion (2.98 billion pounds), extending a drive to buy assets abroad as an antidote to a weak domestic outlook.
(The following statement was released by the rating agency) TOKYO/HONG KONG, February 17 (Fitch) Fitch Ratings expects The Dai-ichi Life Insurance Company, Limited (Dai-ichi Life, IFS A+/Stable) to be able to maintain good profitability in its core sales force even after it acquires smaller, low-cost insurer Sompo Japan DIY Life Insurance Co., Ltd (Sompo Japan DIY). The acquisition of Sompo Japan DIY will allow Dai-ichi Life to diversify and enlarge its customer base over the medium term, bu
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Dai-ichi Life Insurance Co Ltd: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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