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Wednesday, 31 March 2010

Dai-Ichi Life Insurance Rises 14 Percent in Tokyo Market Debut

Dai-Ichi Life Insurance Rises 14 Percent in Tokyo Market Debut
by news and trends

Dai-Ichi Life Insurance

Dai-Ichi Life Insurance

TOKYO, April 1 (Reuters) – Dai-ichi Life Insurance jumped 14 percent in its market debut on Thursday after Japan’s No. 2 life insurer priced its $11 billion initial public offering at a discount to rival insurers.

Shares of Dai-ichi opened at 160,000 yen, above the 140,000 yen price for its IPO, the largest since Visa Inc’s (NYSE:V) $19.7 billion share offering in 2008.



TOKYO, April 1 (Reuters) – Dai-ichi Life Insurance jumped 14 percent in its market debut on Thursday after Japan’s No. 2 life insurer priced its $11 billion initial public offering at a discount to rival insurers. Shares of Dai-ichi opened at 160,000 yen, above the 140,000 yen price for its IPO, the largest since Visa [...]

Dai-Ichi Life Insurance Rises 14 Percent in Tokyo Market Debut
Dai-Ichi Life Insurance Rises 14 Percent in Tokyo Market Debut


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