Tokio Marine Nears Acquisition Target After Reviewing Australian, Canadian Firms
Deals·1 article across 1 outlet
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Tokio Marine Holdings Inc., the Japanese insurer in which Berkshire Hathaway Inc. recently took a stake, is close to finalizing an acquisition target after reviewing Australian and Canadian firms, the Financial Times reported.
The report indicates that Tokio Marine is actively considering Suncorp and IAG as potential targets for acquisition.
Tokio MarineBerkshire HathawaySuncorpIAG
Sources
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SourceReports the news
“Tokio Marine Holdings Inc., the Japanese insurer in which Berkshire Hathaway Inc. recently took a stake, is close to finalizing an acquisition target after reviewing Australian and Canadian firms, the Financial Times reported.”
Bloomberg — Tokio Marine Weighs Suncorp, IAG as Acquisition Targets, FT Says