Dai-ichi Life Holdings, Inc. completed the acquisition of 99.23% stake in ipet Holdings, Inc. from the shareholders for ¥38.7 billion.
Nomura Securities Co., Ltd. acted as financial advisor to Dai-ichi Life Holdings, Daiwa Securities Co. Ltd. acted as financial advisor to ipet Holdings, Inc and Iwata Godo Attorneys and Counselors at Law acted as legal advisor to ipet Holdings, Inc. BofA Securities Japan Co., Ltd. and Mizuho Securities Co., Ltd. acted as financial advisor to Dai-ichi Life. Nishimura & Asahi acted as a legal advisor to Dai-ichi Life.
Dai-ichi Life Holdings, Inc. (TSE:8750) completed the acquisition of 99.23% stake in ipet Holdings, Inc. (TSE:7339) from the shareholders for ¥38.7 billion on January 10, 2023.