Announced
Completed
Financials
Tags
life insurance broker
Single Bidder
Friendly
Life Insurance
Private
Australia
Acquisition
Domestic
Majority
Completed
Synopsis
TAL Dai-ichi Life, a life insurance firm in Australia, completed the acquisition of the Australian life insurance business of Westpac, an Australian bank and financial services provider headquartered in Sydney, for $662m. "This transaction is another step in simplifying the bank while continuing to help customers with their life insurance needs by partnering with TAL," Jason Yetton, Westpac Group Chief Executive Specialist Businesses & Group Strategy.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.