Skip to main content
See every side of every news story
Published loading...Updated

Japan's Tokio Marine eyes insurer Suncorp as preferred takeover target, FT reports

Discussions are ongoing as Tokio Marine weighs a multibillion-dollar deal to expand overseas, with Suncorp shares rising 5.2%, market data showed.

Aug 25 : Japanese insurer Tokio Marine has identified Australian insurer Suncorp as a preferred takeover target after reviewing several potential options, the Financial Times reported on Tuesday, citing people familiar with the matter.Tokio Marine reviewed several takeover targets over the past months, includ

7 Articles

The Japanese insurance company Tokyo Marine is preparing a Grpßacquisition under CEO Masahiro Koike. According to the Financial Times report, several acquisition targets are being reviewed, including Suncorp in Australia and Intact Financial in Canada. The biggest chances are given a Suncorp deal. However, the closing is not yet certain. The article Tokyo Marine reviews billion acquisition first appeared on insurance today.

The Japanese insurer Tokyo Marine wants to buy on a large scale and, according to the Financial Times, has taken a look at the Australian company Suncorp. However, the deal is not yet in dry cloths. The office building of the Australian financial and insurance group Suncorp in Sydney© Suncorp The insurer Tokyo Marine from Japan is interested in a takeover [...]

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 67% of the sources lean Right
67% Right

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Channel News Asia broke the news in Singapore, Singapore on Tuesday, August 25, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal