
Meiji Yasuda Plans to Invest $150 Billion in Private Asset Deals through MAN Group
In a significant move aimed at enhancing its investment portfolio, Meiji Yasuda Life Insurance Company has announced a plan to allocate a staggering $150 billion towards private asset deals, in collaboration with investment management firm MAN Group. This strategic partnership reflects Meiji Yasuda's commitment to diversifying its asset management strategies and tapping into potentially lucrative markets.
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L&G Completes $2.3 Billion Sale of US Insurance Division to Meiji Yasuda
L&G, a prominent player in the insurance sector, has recently confirmed the strategic decision to divest its US insurance arm, selling it to the Japanese insurance giant Meiji Yasuda for an impressive $2.3 billion. This major transaction is poised to reshape the landscape of both companies and highlights L&G's ongoing strategic shift towards its core operations.
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Meiji Yasuda's Bold Wage Increase Signals Corporate Shift in Japan
In a significant move in response to the Japanese government's push for higher wages, Meiji Yasuda Life Insurance Co. has announced plans to raise employee salaries by an average of 5%. This decision, which aligns with Japan's efforts to combat persistent deflation and stimulate consumer spending, marks a notable shift in corporate attitudes towards employee compensation.
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