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GlobalData on MSNLegal & General agrees to sell US unit to Meiji Yasuda for $2.3bnMeiji Yasuda also plans to take a 20% interest in L&G's US PRT business and acquire 5% of L&G's shares from the market.
Legal & General stock is up Friday after the company announced a $2.3 billion deal with Meiji Yasuda Life Insurance.
The London-listed life insurance and pensions firm saw shares jump higher in early trading on Friday as a result.
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