asset management
Japan Post Bank announced a strategic reorganization of its asset management subsidiaries, resolving to merge JP Asset Management and Japan Post Investment to form a unified entity aimed at bolstering the group’s investment capabilities. The new entity, to be named Japan Post Bank Asset Management, will launch on April
Insurance
Nippon Life Insurance Company is currently executing a tender offer to acquire Medical Data Vision, with the ultimate objective of making it a wholly-owned subsidiary. This acquisition represents a decisive strategic step by Nippon Life, marking a significant investment into the high-growth healthcare data sector. This analysis will deconstruct the
mergers & acquisitions
Coincheck Group N.V. (Nasdaq: CNCK) has entered into a definitive agreement to acquire Canadian alternative asset manager 3iQ in an all-stock transaction valued at approximately $111.8 million. The deal will see the Nasdaq-listed holding company purchase a 97% controlling interest in 3iQ from its own majority shareholder, Monex
capital markets
Japanese-founded, U.S.-based brokerage infrastructure provider Alpaca announced its intent to acquire Zincmoney IFSC Private Limited, a move designed to secure a regulatory foothold in India’s burgeoning financial services sector. The transaction centers on Zincmoney’s operations within the Gujarat International Finance Tec-City (GIFT City), India’s tax-neutral
mergers & acquisitions
Amova Asset Management has announced a definitive agreement to acquire the remaining equity interest in AHAM Asset Management, moving to take full control of one of Malaysia’s leading fund management houses. In a strategic push to solidify its footprint in Southeast Asia, the Japan-headquartered firm will increase its stake
mergers & acquisitions
Sumitomo Mitsui Banking Corporation (SMBC) has further solidified its foothold in the Southeast Asian market, announcing on Monday the acquisition of an additional 4.46% equity stake in the Philippines' Rizal Commercial Banking Corporation (RCBC). The transaction, valued at PHP 6.4 billion (approx. JPY 17 billion), raises SMBC’
NBFC
MUFG Bank, a consolidated subsidiary of Mitsubishi UFJ Financial Group, has entered into an investment agreement with Shriram Finance, a leading non-banking financial company (NBFC) in India, and its major shareholders, Shriram Ownership Trust and Shriram Capital, to subscribe to a preferential allotment of 20% in equity shares in Shriram
mergers & acquisitions
Mizuho Securities, a consolidated subsidiary of Mizuho Financial Group, has entered into an agreement with the majority shareholder of Avendus Capital Private Limited to acquire over 60% of the shares of Avendus, subject to regulatory approvals. After completion of the acquisition, Avendus will become a consolidated subsidiary of Mizuho Securities.
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