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Japan Post to buy stake in U.S. insurer Aflac for $2.6 billion

Staff Writer |
Japan Post Holdings is set to acquire a 7-8 percent stake in U.S. insurer Aflac for about 300 billion yen ($2.6 billion), Nikkei Shimbun sai.

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Japan Post hoped to approve the plan by the end of December and complete the share purchase by the end of next year, the newspaper said.

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