Protective Life

Dai-ichi Life eyes US-listed Protective Life

Dai-ichi Life Insurance plans to purchase US-listed Protective Life for Y500 billion. All eyes are on how it will raise the necessary funds.

Dai-ichi Life Insurance is reportedly in talks to acquire NYSE-listed Protective Life for Y500 billion ($4.9 billion), in line with its stated plans to expand overseas, but questions remain over the funding.

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