Daiichi Life Offers $4.4 Billion to Buy Rest of Challenger
Daiichi Life Group Inc. offered to buy the rest of Challenger Ltd. in a bid that valued the Australian firm at around A$7.9 billion ($5.5 billion), the latest move by a Japanese insurer to expand abroad.
<p>Daiichi Life Group Inc. offered to buy the rest of Challenger Ltd. in a bid that valued the Australian firm at around A$7.9 billion ($5.5 billion), the latest move by a Japanese insurer to expand abroad.</p>