mergers & acquisitions
Ambit Global Private Client, the wealth management arm of the Ambit Group - one of India’s premier financial services conglomerates, announced a landmark strategic development. Daiwa Securities Group has entered into a definitive agreement to acquire a minority stake in Ambit Wealth Private Limited. This all-primary capital infusion of
Insurance
Manulife Financial Corporation, through its direct subsidiary The Manufacturers Life Insurance Company (collectively “Manulife”), has entered into an agreement to sell MVI Life to Asahi Mutual Life Insurance Company (“Asahi Life”). MVI Life, formerly known as Aviva Vietnam, was acquired by Manulife in 2021. Since the acquisition, MVI Life has
banking
Mizuho Financial Group's results for the first half of fiscal year 2025 (FY25 H1) reveal a company operating with significant positive momentum. The strong performance, coupled with an upward revision of its full-year profit outlook and an aggressive stance on shareholder value, signals a confident and assertive strategy.
mergers & acquisitions
Tokio Marine Holdings (TMHD) has signed a definitive agreement to acquire Agrihedge (Commodity & Ingredient Hedging, “CIH”) for USD970 Million (Approximately JPY150.0 Billion). The transaction is expected to close during the fourth quarter of Fiscal Year 2025 (January to March 2026) subject to the receipt of regulatory approvals. Background
mergers & acquisitions
Sumitomo Mitsui Financial Group (SMFG) has reached an agreement to acquire a majority stake in kAIgentic, a company incorporated by Mr. Mazhari, SMBC Group’s AI Transformation Advisor, in Singapore in August 2025. kAIgentic led by Mr. Mazhari builds the enterprise “Intelligence Layer” to accelerate AI transformation within the SMBC
mergers & acquisitions
Tokio Marine Holdings' wholly-owned subsidiary, Delphi Financial Group has agreed to acquire a majority stake in ACORE CAPITAL, one of the leading U.S. commercial real estate investment managers. The transaction further strengthens ACORE CAPITAL's decade-long relationship with one of the largest global insurance groups. This acquisition
stablecoin
HashPort has signed a capital and business alliance agreement with KDDI. Under this alliance, HashPort conducted a third-party allotment capital increase to KDDI. As a result, KDDI acquired more than 20% of HashPort's issued shares, making HashPort an equity-method affiliate of KDDI. Going forward, both companies will leverage
mergers & acquisitions
NEC Corporation and CSG Systems International have announced they have entered into a definitive agreement under which NEC will acquire CSG for US$80.70 per share in cash, for a total enterprise value of approximately US$2.9 billion, or JPY438.5 billion, including debt. The transaction price represents
mergers & acquisitions
Philadelphia Insurance Companies (PHLY) has acquired the Collector Vehicle Division from Ignyte Insurance, a Carlyle-backed portfolio company. The transaction, valued at $615 million, brings four of the most respected names in collector vehicle insurance into the PHLY family: American Collectors Insurance, J.C. Taylor Insurance, Condon Skelly and Heacock Classic.
sustainability
ASUENE has completed the acquisition of 100% of the shares and integration of Iconic Air, a U.S. company providing GHG visualization and methane leak management SaaS. Following NZero, this second M&A further accelerates the expansion of ASUENE's U.S. operations and strengthens our technological foundation.
mergers & acquisitions
Binance Japan has entered into a capital and business alliance agreement with PayPay, a cashless payment service provider. Through this partnership, PayPay has acquired a 40% stake in Binance Japan. This partnership represents a collaboration between PayPay, the leading cashless payment company used by over 70 million people in Japan,
Insurance
Mitsui Sumitomo Insurance (MSI) and Aioi Nissay Dowa Insurance (ADI), the core non-life insurance companies of MS&AD Insurance Group Holdings, are progressing with merger discussions as announced on March 28, 2025. Now, decisions have been made regarding changes to the company name and related details, as well as