Japan’s Dai-Ichi Life to buy Suncorp Life for $460 mln
03 Sep Japan’s Dai-Ichi Life to buy Suncorp Life for $460 mln
Posted at 00:03h
in
News
by KMFSLLP
Dai-ichi Life Holdings Inc
said on Tuesday it would buy Suncorp Life, an
Australian life insurance unit of Suncorp Group Ltd,
for A$640 million ($460 million), in the latest overseas
expansion for a Japanese insurer grappling with a shrinking
domestic market.
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