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flag Dai-Ichi Life, Japan's biggest insurer, buys 15% stake in M&G, becoming its largest shareholder.

flag Japan's largest insurer, Dai-Ichi Life, is acquiring a 15% stake in British financial firm M&G, making it the largest shareholder. flag This partnership is expected to bring at least $6 billion in new business to M&G and $2 billion to Dai-Ichi Life over five years. flag The collaboration will focus on asset management and life insurance, with plans to co-invest in new capabilities and expand into European private markets.

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