EconomicAustralia·Unpinned18 Oct 2026
Australia's Challenger receives takeover bid from unit of Japan's Daiichi Life
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On October 19, TAL Daiichi Life Australia Pty, a unit of Japan's Daiichi Life, submitted an indicative proposal to acquire the remaining 79.64 percent of Australian investment manager Challenger. The offer of A$11.80 per share represented a 19.8 percent premium over Challenger's closing price on October 16, valuing the company at A$7.94 billion. Challenger,…
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Channel NewsAsia
BroadcasterCompany ownedSingaporeStandards not yet verified
Channel NewsAsia
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Investing.com News 25
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