Japan's Nippon Life to Acquire Resolution Life for $8.2 Billion

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Dec 10, 2024
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Japan's Nippon Life Insurance is set to acquire Resolution Life for approximately $8.2 billion. The company plans to purchase shares from current shareholders, including Blackstone, aiming to make Resolution Life a wholly-owned subsidiary by the latter half of 2025.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.