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Dai-ichi Life Holdings Inc (8750.T)

8750.T on Tokyo Stock Exchange

2,076JPY
8:28pm EDT
Change (% chg)

¥12 (+0.58%)
Prev Close
¥2,064
Open
¥2,056
Day's High
¥2,082
Day's Low
¥2,053
Volume
874,100
Avg. Vol
7,029,227
52-wk High
¥2,348
52-wk Low
¥1,007

Latest Key Developments (Source: Significant Developments)

Nihon Chouzai forms business alliance with two units of Dai-ichi Life Holdings, Inc.
Monday, 20 Feb 2017 01:15am EST 

Nihon Chouzai Co Ltd <3341.T>: Says the co formed business alliance with THE DAI-ICHI LIFE INSURANCE COMPANY, LIMITED. and The Neo First Life Insurance Company, Limited. on Feb. 20 . Says the three entities will cooperate on sales and development of products as well as service promotion .Says the two insurance companies are both wholly owned by Dai-ichi Life Holdings, Inc.<8750.T>.  Full Article

Dai-ichi Life Holdings announces change of chairman and president
Wednesday, 28 Dec 2016 02:06am EST 

Dai-ichi Life Holdings Inc <8750.T> : Says it appoints current president Koichiro Watanabe as new chairman of the board . Says it appoints Seiji Inagaki as new president to succeed Koichiro Watanabe .Changes will occur on April 1, 2017.  Full Article

Janus Capital Group Inc, Henderson Group agree to merge
Monday, 3 Oct 2016 02:51am EDT 

Janus Capital Group : Janus Capital Group Inc. and Henderson Group Plc announce recommended merger of equals . Merger will be effected via a share exchange with each share of Janus common stock exchanged for 4.7190 newly issued shares in Henderson . Combined group, Janus Henderson Global Investors Plc, will have AUM of more than $320 billion . Henderson and Janus shareholders are expected to own approximately 57 pct and 43 pct respectively . Deal to result in annual run rate net cost synergies of at least $110 million . Combined group will apply for admission to trade on NYSE as its primary listing, retaining Henderson`s existing listing on ASX . Merger is currently expected to close in Q2 of 2017, . Synergies expected to drive double digit accretion to both companies` earnings per share in first 12 months following closing . Henderson directors consider merger to be in best interests of Henderson and Henderson shareholders as a whole . Co was advised by unit of Loeb Partners Corp and Skadden, Arps, Slate, Meagher And Flom Llp and affiliates. . Board of Janus Henderson Global Investors is expected to continue to operate a progressive dividend policy . 25 million stg share buyback of Henderson shares, scheduled to take place in second half of 2016, will no longer take place . Janus` largest shareholder, Dai-Ichi Life (Dai-Ichi), has committed to supporting merger.  Full Article

Henderson CEO says merger with Janus means businesses can grow faster
Monday, 3 Oct 2016 02:30am EDT 

Henderson Global Investors : Ceo andrew formica says of merger with janus "there is overlap in both our businesses...potential for businesses to grow even faster" . Ceo andrew formica says janus henderson global investors will have london hq, but maintaining third listing in london "doesn't make sense" .Ceo andrew formica says merger talks started at beginning of year, not affected by brexit vote.  Full Article

R&I's withdraws rating on Dai-ichi Life Insurance
Friday, 30 Sep 2016 02:34am EDT 

Dai-ichi Life Insurance Co Ltd <8750.T> :Rating and Investment Information, Inc.'s withdrew the rating on the company of "A+" – R&I.  Full Article

Dai-Ichi Life Insurance Co Ltd to acquire United States Warranty Corp - Nikkei
Monday, 22 Aug 2016 02:09pm EDT 

Nikkei: Dai-Ichi Life Insurance to acquire united states warranty corp for deal valued at $127 million - nikkei .Ichi Life Insurance Co Ltd will acquire United States Warranty Corp, through Dai-Ichi's american subsidiary -Nikkei.  Full Article

Dai-ichi Life Insurance plans $2.5 bln worth of dollars dominated perpetuity subordinated corporation bonds
Thursday, 14 Jul 2016 03:20am EDT 

Dai-ichi Life Insurance Co Ltd <8750.T> : Says it plans to issue dollars dominated perpetuity subordinated corporation bonds worth $2.5 billion with annual rate of 4.00 percent (be valid to July 2026) .Says payment date on July 20.  Full Article

Bank of India sells 18 pct stake in Star Union Dai-Ichi Life to Dai-Ichi Life Insurace<8750.T>
Tuesday, 21 Jun 2016 02:43am EDT 

Bank of India Ltd : Sold its 18% stake in star Union Dai Ichi Life Insurance Company-Ltd (SUD) to Dai Ichi Life-Insurace Company Limited (DILIC) .  Full Article

Dai ichi Life Insurance Co seen posting 20 pct rise in FY net profit - Nikkei<8750.T>
Wednesday, 11 May 2016 02:35pm EDT 

Nikkei: Dai ichi Life Insurance Co's FY group net profit likely to climb 20% to more than 170 billion yen - nikkei . Dai ichi Life Insurance Co's FY premium income is estimated at around 5.5 trillion yen, up around 2% - nikkei . Dai-ichi life insurance co is still expected to stay on track for profit growth in current fiscal year ending March 2017 - nikkei .  Full Article

Dai-ichi Life Insurance to change name to Dai-ichi Life Holdings,Inc.
Friday, 8 Apr 2016 03:00am EDT 

Dai-ichi Life Insurance Co Ltd:To change name to Dai-ichi Life Holdings,Inc. due to transition to holding company structure.Effective date on Oct. 1.  Full Article

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