TOKYO (Reuters) – Japanese insurer Dai-ichi Life Co is in advanced talks to buy U.S. peer Protective Life Corp in a deal that could be worth over $5 billion, extending a drive to buy assets abroad as an antidote to a weak domestic outlook.
The deal would be the biggest so far in a string...
Japan"s Dai-ichi Life in talks to buy Protective Life for $5 billion: source
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