Meiji 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.

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.

Legal & General has launched three new index funds for UK and European investors, tracking equity, bond and infrastructure ...

Under plans announced last summer, Simões committed to ramping up the firm’s lucrative PRT business and merge its two asset ...

According to Bloomberg, Meiji Yasuda will acquire full ownership of L&G’s US protection business while also securing a 20% ...

Legal & General sells US protection business and 20% stake in US PRT unit for $2.3B to Meiji Yasuda, plans to buy back shares ...

Legal & General Group plans a GBP 1 billion share buyback and growth strategy. Find out why LGGNY stock remains a Buy with ...

This year, we expanded our overview of the legal and regulatory actions beyond the borders of the United States to include Australia, Hong Kong, Japan, Qatar, Singapore, the United Arab Emirates, and ...

One source familiar with the Gerenali-Natixis tie-up predicted that sell-offs from insurers with asset management businesses, like Legal & General, Royal London and Aviva, would be most likely to ...