TOKYO (Reuters) – Japan’s Nippon Life Insurance will acquire Nichii Holdings for about 210 billion yen ($1.41 billion), the Nikkei reported on Tuesday.
Nippon Life has agreed to buy all the outstanding shares of Nichii HD from a fund linked to Bain Capital and other shareholders, the report said without citing sources.
($1 = 148.6700 yen)
(Reporting by Mariko Katsumura; Editing by Edmund Klamann)