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Dai-ichi Life Holdings Inc (8750.T)

8750.T on Tokyo Stock Exchange

2,307JPY
18 May 2018
Change (% chg)

¥28 (+1.21%)
Prev Close
¥2,280
Open
¥2,300
Day's High
¥2,319
Day's Low
¥2,284
Volume
6,082,400
Avg. Vol
5,282,575
52-wk High
¥2,514
52-wk Low
¥1,693

Latest Key Developments (Source: Significant Developments)

Dai-ichi Life Holdings to buy back up to 39 mln shares for up to 39 bln yen
Tuesday, 15 May 2018 

May 15 (Reuters) - Dai-ichi Life Holdings Inc <8750.T>:Says it plans to buy back up to 39 million shares (representing 3.3 percent of outstanding) of its common stock, for up to 39 billion yen .Says repurchase period from May 16 to March 31, 2019 .  Full Article

Protective Enters Agreement To Reinsure Liberty Life, Annuity Business
Friday, 19 Jan 2018 

Jan 19 (Reuters) - Protective Life Corporation: :PROTECTIVE ENTERS AGREEMENT TO REINSURE LIBERTY LIFE AND ANNUITY BUSINESS.PROTECTIVE LIFE CORPORATION SAYS HAS REACHED AN AGREEMENT WITH LINCOLN FINANCIAL GROUP.PROTECTIVE LIFE CORPORATION SAYS TRANSACTION REPRESENTS CAPITAL INVESTMENT BY PROTECTIVE OF ABOUT $1.17 BILLION.PROTECTIVE LIFE CORP- TO BUY VIA REINSURANCE SUBSTANTIALLY ALL OF INDIVIDUAL LIFE & ANNUITY BUSINESS OF LIBERTY LIFE ASSURANCE COMPANY OF BOSTON.PROTECTIVE LIFE CORP- ‍REINSURANCE TRANSACTION WILL CLOSE IN CONJUNCTION WITH LINCOLN'S ACQUISITION OF LIBERTY LIFE FROM AFFILIATES OF LIBERTY GROUP INC​.  Full Article

Janus Capital Group Inc, Henderson Group agree to merge
Monday, 3 Oct 2016 

Janus Capital Group : Janus Capital Group Inc. and Henderson Group Plc announce recommended merger of equals . Merger will be effected via a share exchange with each share of Janus common stock exchanged for 4.7190 newly issued shares in Henderson . Combined group, Janus Henderson Global Investors Plc, will have AUM of more than $320 billion . Henderson and Janus shareholders are expected to own approximately 57 pct and 43 pct respectively . Deal to result in annual run rate net cost synergies of at least $110 million . Combined group will apply for admission to trade on NYSE as its primary listing, retaining Henderson`s existing listing on ASX . Merger is currently expected to close in Q2 of 2017, . Synergies expected to drive double digit accretion to both companies` earnings per share in first 12 months following closing . Henderson directors consider merger to be in best interests of Henderson and Henderson shareholders as a whole . Co was advised by unit of Loeb Partners Corp and Skadden, Arps, Slate, Meagher And Flom Llp and affiliates. . Board of Janus Henderson Global Investors is expected to continue to operate a progressive dividend policy . 25 million stg share buyback of Henderson shares, scheduled to take place in second half of 2016, will no longer take place . Janus` largest shareholder, Dai-Ichi Life (Dai-Ichi), has committed to supporting merger.  Full Article

Henderson CEO says merger with Janus means businesses can grow faster
Monday, 3 Oct 2016 

Henderson Global Investors : Ceo andrew formica says of merger with janus "there is overlap in both our businesses...potential for businesses to grow even faster" . Ceo andrew formica says janus henderson global investors will have london hq, but maintaining third listing in london "doesn't make sense" .Ceo andrew formica says merger talks started at beginning of year, not affected by brexit vote.  Full Article

R&I's withdraws rating on Dai-ichi Life Insurance
Friday, 30 Sep 2016 

Dai-ichi Life Insurance Co Ltd <8750.T> :Rating and Investment Information, Inc.'s withdrew the rating on the company of "A+" – R&I.  Full Article

Dai-Ichi Life Insurance Co Ltd to acquire United States Warranty Corp - Nikkei
Monday, 22 Aug 2016 

Nikkei: Dai-Ichi Life Insurance to acquire united states warranty corp for deal valued at $127 million - nikkei .Ichi Life Insurance Co Ltd will acquire United States Warranty Corp, through Dai-Ichi's american subsidiary -Nikkei.  Full Article

Dai-ichi Life Insurance plans $2.5 bln worth of dollars dominated perpetuity subordinated corporation bonds
Thursday, 14 Jul 2016 

Dai-ichi Life Insurance Co Ltd <8750.T> : Says it plans to issue dollars dominated perpetuity subordinated corporation bonds worth $2.5 billion with annual rate of 4.00 percent (be valid to July 2026) .Says payment date on July 20.  Full Article

Bank of India sells 18 pct stake in Star Union Dai-Ichi Life to Dai-Ichi Life Insurace<8750.T>
Tuesday, 21 Jun 2016 

Bank of India Ltd : Sold its 18% stake in star Union Dai Ichi Life Insurance Company-Ltd (SUD) to Dai Ichi Life-Insurace Company Limited (DILIC) .  Full Article

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EBRD issues its first 'health bond' worth 317 million zlotys

WARSAW/LONDON The European Bank for Reconstruction and Development (EBRD) said on Tuesday it has issued its first "health bond", raising 317 million zlotys ($92.84 million) from one of Japan's largest life insurers to finance health projects across the globe.