Nippon Life to Buy Resolution Life for $8.2b: Nikkei (1)

Nippon Life Insurance plans to buy Resolution Life for ~$8.2b, Nikkei reports, without saying where it got the information.

• Set to acquire shares from shareholders including Blackstone to make it a wholly owned unit around the second half of 2025
• It’s true that Nippon Life is in talks with Resolution Life regarding an acquisition, a spokeswoman for the Japanese insurer told Bloomberg, declining to comment further

To contact the reporters on this story:
Ryotaro Nakamaru in Tokyo at rnakamaru1@bloomberg.net;
Taiga Uranaka in Tokyo at turanaka@bloomberg.net

To contact the editor responsible for this story:
Go Onomitsu at gonomitsu@bloomberg.net

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