Nippon Life Agrees to Buy 85% Stake in MassMutual’s Japan Unit for $980M

Nippon Life Insurance Co said on Friday it had agreed to buy an 85 percent stake in the domestic unit of U.S.-based MassMutual Financial Group for about 104.2 billion yen ($980 million) as it aims to boost its bancassurance sales. …

from News – Insurance Journal http://ift.tt/2oNZCHx
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