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Meiji Yasuda Life Insurance Co To Buy 15% Of Thai Insurer For YER70 Billion-DJ


Tuesday, 16 Jul 2013 01:10pm EDT 

Dow Jones reported that Meiji Yasuda Life Insurance Co is expected to acquire a 15% stake in Thai Life Insurance Co. for roughly YER70 billion the investment in Asia ever by a Japanese insurer. Meiji Yasuda has reached a basic agreement to purchase shares in Thailand's life insurer from the founding family. The deal is expected to be finalized as early as this month. 

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