TOKYO, Dec 10 (Reuters) - Nippon Life Insurance
will buy U.S. life insurer Resolution Life Group
Holdings for about $8.2 billion in what would be the biggest
acquisition ever by a Japanese insurer, Nikkei reported on
Tuesday.
Nippon Life will purchase the shares it does not already own
in Resolution Life from Blackstone and others to make it
a wholly owned subsidiary in the second half of 2025. It will
pay for the acquisition with cash on hand.
A spokesperson for Nippon Life said the company was in talks
with Resolution Life, but added it could not disclose what the
discussions were about.