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Tokio Marine to acquire UK fleet insurer Direct Commercial for $359 million, aiming to expand European operations
The Japanese insurer will spend 265 million pounds ($359 million) to acquire all shares of Direct Commercial, a managing general agent for commercial vehicle fleet insurance. The deal, announced Friday, is expected to close as early as September and aims to grow Tokio Marine's operations beyond North America.
Source：Nikkei Asia · Source Link
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