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Aflac Inc (AFL.N)

AFL.N on New York Stock Exchange

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Wed, Dec 19 2018

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Japan Post to buy 7 percent of U.S. insurer Aflac

Japan Post Holdings Co Ltd on Wednesday said it will buy 7 percent of U.S. insurer Aflac Inc for about $2.4 billion, as the postal and financial conglomerate seeks new profit-drivers to counter weak growth prospects.

UPDATE 1-Japan Post to buy 7 pct of U.S. insurer Aflac

Dec 19 Japan Post Holdings Co Ltd on Wednesday said it will buy 7 percent of U.S. insurer Aflac Inc for about $2.4 billion, as the postal and financial conglomerate seeks new profit-drivers to counter weak growth prospects.

Japan Post to invest $2.6 billion in U.S. insurer Aflac: source

TOKYO Japan Post Holdings Co is planning to invest about $2.6 billion in Aflac Inc , aiming to become the largest shareholder in the U.S. insurer, a person familiar with the matter said.

UPDATE 3-Japan Post to invest $2.6 bln in U.S. insurer Aflac - source

* Set to acquire 7-8 pct stake with option to increase -source

Japan Post to acquire 7-8 pct stake in U.S. insurer Aflac for $2.6 bln -Nikkei

TOKYO, Dec 13 Japan Post Holdings is set to acquire a 7-8 percent stake in U.S. insurer Aflac for about 300 billion yen ($2.6 billion), the Nikkei Shimbun daily said on Thursday, in a bid to expand overseas as the domestic market shrinks.

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