PARIS/LONDON, May 30 (Reuters) - Japanese insurer Dai-ichi Life (8750.T), opens new tab will take a 15% stake in British financial group M&G (MNG.L), opens new tab and has agreed a long-term ...

When Merck & Co. and Daiichi Sankyo last year received an FDA complete response letter for their HER3-directed antibody-drug conjugate (ADC) patritumab deruxtecan, the companies hoped to address ...

The partnership targets $8 billion in new business over five years, with $6 billion flowing to M&G and $2 billion to Dai-ichi. As part of the agreement, M&G will become Dai-ichi’s preferred ...

This is eroding the value of the bonds already in the insurers’ portfolio. Dai-ichi’s paper losses on its domestic bonds stood at about ¥2 trillion ($14 billion) as of the end of March.

M&G has formed a partnership with Dai-ichi Life Holdings in which the Japanese life insurer plans to buy a 15 per cent stake, sending shares in the British insurer and asset manager up sharply.

M&G said it formed a strategic partnership with Japanese insurance company Dai-ichi Life aimed at delivering at least $6 billion of new business flows for M&G over the next five years. The London ...

TOKYO -- Japan's Dai-ichi Life Holdings on Friday said it will acquire a 15% stake in M&G, a major British life insurance company. The investment is expected to exceed 150 billion yen ($1 billion).

Japanese insurance company Dai-ichi Life intends to acquire about 15% of M&G in a deal that establishes a long-term strategic partnership and sees the U.K.-listed asset manager become the insurer ...

Dai-ichi expects to generate an additional $2 billion of new business through investments in its own products and co-developed offerings with M&G. The partnership also envisions the possibility of ...

PARIS/LONDON (Reuters) -Japanese insurer Dai-ichi Life will take a 15% stake in British financial group M&G and has agreed a long-term partnership, sending shares in M&G sharply higher and marking the ...

This is eroding the value of the bonds already in the insurers’ portfolio. Dai-ichi’s paper losses on its domestic bonds stood at about ¥2 trillion ($14 billion) as of the end of March.