🏹December 28, 2017 Completion of the Transaction to Acquire Stake in TCW[37KB]
As of December 1, 2017, Nippon Life Insurance Company (President: Yoshinobu Tsutsui) announced today that it has entered into an agreement with TCW Group (CEO: David Lippmann, head office: Los Angeles, “TCW” We have agreed on the acquisition of 24.75% ownership. Following prescribed procedures such as authorization approval, we finished contribution on December 27, 2017 (Eastern time in the US).