UK's Legal & General to sell US unit to Meiji Yasuda

L&G to sell US protection business to Meiji Yasuda for $2.3bn
Legal & General is to sell its US protection business to Japanese peer Meiji Yasuda in a $2.3bn deal that will see the latter take a 5% stake in UK financial services group.
Legal & General to Sell 20% Stake in PRT Business
In addition to the pension risk transfer stake, Japanese insurer Meiji Yasuda will acquire all of L&G’s U.S. protection business in a total $2.3 billion deal.
UK's Legal & General to sell US unit to Meiji Yasuda in $2.3bn deal
UK-based financial services firm Legal & General Group announced on Friday its intention to sell its US protection business to long-standing partner Meiji Yasuda, a Japanese life insurance company, for a $2.
Britain's L&G sells US protection unit to Japanese insurer for $2.3 billion
Legal & General said on Friday it would sell its U.S. protection business to Japan's Meiji Yasuda for $2.3 billion in cash and said the Japanese firm would take a 5% stake in the British insurer, in the biggest strategic move so far under CEO António Simões.
Legal & General to Sell U.S. Protection Business in $2.3 Billion Deal
The insurance company expects to return an extra $1.24 billion to shareholders via buybacks upon completion of the sale.
Legal & General reaches £1.8bn deal to to sell US protection arm
The financial services giant said it would offload its US protection arm for $2.3billion (£1.8billion) to Meiji Yasuda, one of Japan's oldest and largest insurers.
Legal & General to sell US protection arm for £1.8bn
The London-listed life insurance and pensions firm saw shares jump higher in early trading on Friday as a result.
Legal & General Stock Jumps on $2.3B Deal with Meiji Yasuda Life Insurance
Legal & General (LGEN) stock is up today after the investing and insurance company announced the sale of its U.S. protection ...
ジャパンタイムズ1d
Meiji Yasuda to acquire U.S. peer Banner Life
Meiji Yasuda Life Insurance said Friday that it will acquire Banner Life Insurance for about ¥352.2 billion while investing ...
Legal & General Deal With Japanese Life Insurer Could Be The Catalyst It Needs To Improve The Share Price
Legal & General Group plans a GBP 1 billion share buyback and growth strategy. Find out why LGGNY stock remains a Buy with ...
Legal & General secures £1.8bn sale of US protection business to Meiji Yasuda
The London-listed life insurance and pensions firm saw shares jump higher in early trading on Friday as a result ...
Legal & General Sells US Protection Business, Forms Strategic Partnership With Japan's Meiji Yasuda: Details
Legal & General Group (OTC:LGGNY) has agreed to sell its US insurance entity, comprising its US protection and US Pension ...
Financial Services Roundup: Market Talk
Find insight on Meiji Yasuda Life’s deal with Legal & General America and more in the latest Market Talks covering financial ...
insurancebusinessmag3d
Legal & General to offload US arm
According to Bloomberg, Meiji Yasuda will acquire full ownership of L&G’s US protection business while also securing a 20% ...
Pensions&Investments3d
L&G to sell U.S. insurance unit to Japan's Meiji; creates pension risk transfer, asset management partnerships
Legal & General Group agreed to sell its U.S. protection entity, which includes its local pension risk transfer business, to ...