TOKYO -- Japanese insurance group Sompo Holdings will buy Aspen Insurance, a New York-listed specialty insurer owned by Apollo Global Management, in its latest U.S. acquisition.
Business deals
Japan's Sompo to buy New York-listed insurer Aspen for $3.5bn
Latest US deal helps Japanese group move into specialty coverage
The acquisition of Aspen Insurance will bolster Sompo's position in the U.S., which makes up about 40% of the global insurance market. (Source photos by Kosuke Imamura and Reuters)
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