TOKYO (Reuters) -Japan's Sompo Holdings said on Wednesday that it will acquire New York-listed Aspen Insurance Holdings for around $3.5 billion, in the latest big ticket overseas acquisition by a Japanese financial firm.
Sompo joins a number of Japanese financial institutions, including insurers, brokerages and banks, that have made major overseas acquisitions in recent years in an effort to secure growth in the face of a shrinking home market.
Sompo will offer $37.5 for each share of the U.S. firm, which is majority owned by Apollo Capital Management, it said in a release.
The acquisition will be financed entirely through Sompo's internal capital, the release said.
(Reporting by Anton Bridge and Kiyoshi TakenakaEditing by Tomasz Janowski and Louise Heavens)
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Sompo holdings to acquire Aspen Insurance for $3.5 billion
Published 2 months ago
Aug 27, 2025 at 12:45 PM
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