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BRIEF-MS&AD Insurance Group Holdings unit to acquire 97.7 pct stake in First Capital Insurance Limited for about 175.5 bln yen
August 24, 2017 / 1:33 AM / a month ago

BRIEF-MS&AD Insurance Group Holdings unit to acquire 97.7 pct stake in First Capital Insurance Limited for about 175.5 bln yen

Aug 24 (Reuters) - MS&AD Insurance Group Holdings Inc

* Says unit Mitsui Sumitomo Insurance Company, Limited will acquire 97.7 percent stake in First Capital Insurance Limited for about 175.5 billion yen, from Fairfax Financial Holdings Limited

* Says the transaction will be completed from January 2018 to March 2018

Source text in Japanese:goo.gl/f1zbmT

Further company coverage: (Beijing Headline News)

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