Nippon Life to Buy Resolution in No. 1 Japan Insurance Deal [Yahoo! Finance]
Blackstone Inc. (BX)
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Source: Yahoo! Finance
Most Read from Bloomberg Brace for a Nationwide Shuffle of Corporate Headquarters Cloud Computing Tax Threatens Chicago's Silicon Valley Dream San Francisco, Paris Named Best Cities for Urban Transportation A Chicago Skyscraper Cements the Legacy of a Visionary Postmodern Architect DC Business Leaders Welcome Return-to-Office Policy Under Trump Japanese life insurers are renewing their appetite for acquisitions at home and abroad after a lull following a string of multi-billion- dollar deals a decade ago. Nippon Life, the nation's largest insurer by assets, is trying to diversify its profit drivers as the local market faces demographic challenges that are hindering growth prospects. Nippon Life will buy the 77% of Resolution that it doesn't own, the Japanese company said in a statement on Wednesday. The deal will be funded by cash and is expected to be completed in the second half of 2025, pending regulatory approvals. It will also purchase a 20% stake in its Australi
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- Blackstone Inc. (NYSE: BX) had its price target raised by analysts at BMO Capital Markets from $134.00 to $157.00. They now have a "market perform" rating on the stock.MarketBeat
BX
Earnings
- 10/17/24 - Beat
BX
Sec Filings
- 12/20/24 - Form 4
- 12/13/24 - Form 4
- 12/6/24 - Form 8-K
- BX's page on the SEC website