Japan's Meiji Yasuda buys Allstate's voluntary benefits business for $2 billion

) has sold its employer voluntary benefits business to StanCorp Financial Group for $2 billion in cash, Allstate announced on Tuesday.

StanCorp's Japanese parent company, Meiji Yasuda Life Insurance, said the acquisition of Allstate units under the"American Heritage" brand was set to close by the April-June 2025 quarter, subject to regulatory approvals in the U.S. and Japan. Meiji Yasuda said in a statement overseas business was a key element in its plan to earn 100 billion yen base profit equivalents by financial year 2026/2027, and it would continue to explore further investment opportunities.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.

It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Japan stocks rebound 8% after Japan's historic losses; other Asia markets also open higherThe rebound follows a sharp sell-off in the U.S. with the Dow and the S&P 500 notching their worst sessions since September 2022.
Herkunft: nbcsandiego - 🏆 524. / 51 Weiterlesen »

Allstate to sell its employer voluntary benefits business to StanCorp Financial in $2 billion dealAllstate to sell its employer voluntary benefits business to StanCorp Financial in $2 billion deal
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »