Dai-ichi Life raises $2.4b from share sale

The company, Japan's second-largest private-sector life insurer, will use the proceeds to fund its acquistion of US company Protective Insurance Company.
July 15, 2014

Japanese firm Dai-ichi Life Insurance raised ¥241 billion ($2.4 billion) in equity on Tuesday to fund its pending acquisition of US company Protective Insurance Company.

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