L&G to sell US business in move to slim down and hand cash to shareholders

Legal & General to sell US protection arm for £1.8bn

The London-listed life insurance and pensions firm saw shares jump higher in early trading on Friday as a result. Legal & General has struck a deal to sell its US protection business to Meiji Yasuda for £1.8 billion. The London-listed life insurance and pensions firm saw shares jump higher in early trading on Friday as a result. It said the Japanese life insurance firm plans to take a 5% stake in L&G as part of the move. The deal is part of plan…

L&G to sell US business in move to slim down and hand cash to shareholders

Japan’s Meiji Yasuda to also acquire 5% stake in UK insurer

Legal & General to sell US protection unit for $2.3 bn

British life insurer Legal & General said it would sell its US protection business to Japan's Meiji Yasuda for $2.3 billion in cash, in one of the biggest strategic moves so far under CEO António Simões.

Meiji Yasuda Insurance to spend $3bn entering U.S. retail business

TOKYO -- Meiji Yasuda Life Insurance will buy a 5% stake in British financial services company Legal & General and acquire its U.S. subsidiary Ban

Legal & General to sell American insurance companies in $ 2.3 billion deal - THE BHARAT EXPRESS NEWS

Legal & General to sell American insurance companies in $ 2.3 billion deal

Legal & General Reaches The £ 1.8 Billion Agreement To Sell The United States Protection Arm

Meiji Yasuda, based in Tokyo, is one of Japan’s oldest insurers L & G hopes to receive £ 1.8 billion of the agreement, which will end this year By Harry Wise Updated: 11:19 GMT, February 7, 2025 Legal & General has reached a ‘transformative’ agreement with an important Japanese life insurance to sell their American protection business. The FTSE 100 financial services giant said he would download his United States protection arm for $ 2.3 billio…