Meiji Yasuda to Acquire U.S. Peer Banner Life
Tokyo, Feb. 7 (Jiji Press)--Japan's Meiji Yasuda Life Insurance Co. said Friday that it will acquire Banner Life Insurance Co. for about 352.2 billion yen while investing about 130 billion yen for a 5 pct equity stake in the U.S. firm's parent, Britain's Legal & General Group PLC. The acquisition, slated to be completed by March 2026, is expected to boost Meiji Yasuda's insurance premium inc...
Tomas Kauer - News Moderator 
Tokyo, Feb. 7 (Jiji Press)--Japan's Meiji Yasuda Life Insurance Co. said Friday that it will acquire Banner Life Insurance Co. for about 352.2 billion yen while investing about 130 billion yen for a 5 pct equity stake in the U.S. firm's parent, Britain's Legal & General Group PLC. The acquisition, slated to be completed by March 2026, is expected to boost Meiji Yasuda's insurance premium inc...
