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Nippon’s $3.8B stake in Corebridge could be just the start

Japanese life insurer says it wants more US asset manager, insurer.

Nippon Life Insurance Co. is on the hunt to take stakes in other insurers and asset managers in the US and Asia after it agreed to its biggest-ever M&A deal. 

“We need to pursue further growth overseas,” Managing Executive Officer Minoru Kimura said at a media briefing on Friday. “

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