TOKYO -- Dai-ichi Life Holdings will acquire a 15% stake in Australian insurer Challenger, Nikkei has learned, the latest move by a Japanese insurance company in Australia.
Business deals
Japan's Dai-ichi Life to buy 15% of Australian insurer Challenger
$550m purchase from MS&AD highlights push by Japanese players into Australia
Dai-ichi Life entered the Australian market in the 2000s. (Photo by Nikkei)
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