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(Update) Tokio Marine to Buy Pure Group for 3.1 B. Dollars

(Update) Tokio Marine to Buy Pure Group for 3.1 B. Dollars

   Tokyo, Oct. 3 (Jiji Press)--Japanese nonlife insurer Tokio Marine Holdings Inc. <8766> said Thursday it will buy U.S. insurer Pure Group for some 3.1 billion dollars.
   The acquisition is expected to be completed in the first quarter of 2020, Tokio Marine said. Pure Group is a property and casualty insurer targeting high-net-worth individuals and families.

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AFP-JIJI PRESS NEWS JOURNAL


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