
© Reuters. The logo of the Nippon Life Insurance Co. is displayed at the company’s headquarters in Tokyo, Japan. February 26, 2019. REUTERS/Hideyuki Sano/File Photo
TOKYO (Reuters) – Japan’s Nippon Life Insurance will acquire Nichii Holdings for about 210 billion yen ($1.41 billion), the reported on Tuesday.
Nippon Life has agreed to buy all the outstanding shares of Nichii HD from a fund linked to Bain Capital and other shareholders, the report said without citing sources.
($1 = 148.6700 yen)
