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FINANCIALS: L&G to sell US insurance to Meiji Yasuda for USD 2.3bn

FINANCIALS

Meiji Yasuda will buy 5% stake in L&G

To complete in late 2025, a £1bn buyback will follow - which is the total expected IFRS profit on the transaction

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Meiji Yasuda will buy 5% stake in L&G

To complete in late 2025, a £1bn buyback will follow - which is the total expected IFRS profit on the transaction

Keep reading...Show less