Symetra Financial Corp (SYA.N)
TOKYO - Japan's Sumitomo Life has agreed to buy U.S insurer Symetra Financial Corp for about $3.8 billion, the latest multi-billion deal in the world's largest insurance market by acquisitive Japanese companies.
* Sumitomo to pay $32 per share, 32 pct premium to 1-month average
Aug 11 - U.S. life insurance company Symetra Financial Corp said it agreed to be bought by Japan's Sumitomo Life Insurance Co for about $3.8 billion in cash.
TOKYO - Japan's Sumitomo Life is in talks to buy Symetra Financial Corp , a U.S. life insurance company with a market value of about $3.1 billion, a person familiar with the matter said, the latest deal in the making by acquisitive Japanese insurers looking for growth drivers overseas.
TOKYO, Aug 9 - Japan's Sumitomo Life Insurance Co is in talks to buy U.S. life insurer Symetra Financial Corp, the Nikkei business daily reported on Sunday.
- Symetra Financial Corp , a U.S. life insurance company with a market value of about $3.1 billion, has been exploring the possibility of selling itself in recent months, according to people familiar with the matter.
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