Rakuten said it would launch a tender offer and pay 2,664 yen per share of Asahi Fire, a property insurance firm owned by Nomura Holdings and its subsidiary. Nomura confirmed the tender offer in a separate statement.
(Reporting by Minami Funakoshi; Editing by Clarence Fernandez)Japan's Rakuten to acquire Asahi Fire for 45 billion yen
Yuya Shino
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