Tokio Marine Considers Suncorp Acquisition After Berkshire Hathaway Stake
Japanese insurer Tokio Marine is reportedly weighing a multibillion-dollar takeover bid for Australian insurer Suncorp, following Berkshire Hathaway's recent stake acquisition in the company. Suncorp is emerging as Tokio Marine's preferred target among potential acquisitions in Australia.
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Japan's Tokio Marine eyes insurer Suncorp as preferred takeover target, FT reports - Reuters
Japan's Tokio Marine eyes insurer Suncorp as preferred takeover target, FT reports Reuters
Read full article →Tokio Marine Weighs Suncorp, IAG as Acquisition Targets, FT Says
Tokio Marine Holdings Inc., the Japanese insurer in which Berkshire Hathaway Inc. recently took a stake, is close to finalizing an acquisition target after reviewing Australian and Canadian firms, the Financial Times reported.
By Sarah Hilton
Read full article →Tokio Marine plots multibillion-dollar deal after Berkshire takes stake
Japanese group reviews several targets including Australia’s Suncorp and Canada’s Intact Financial
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