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Name | Symbol | Market | Type |
---|---|---|---|
Tokio Marine Holdings Inc (PK) | USOTC:TKOMY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.25 | -0.64% | 39.12 | 38.82 | 39.53 | 39.51 | 39.07 | 39.51 | 43,582 | 21:04:04 |
Tokio Marine Holdings (8766.TO) said Tuesday it expects about a Y12 billion profit from sale of its 50% stake in Brazilian pension and insurance company Real Tokio Marine Vida e Previdencia to Banco Santander SA (STD).
Japan's largest nonlife insurer said the profit is already reflected in its earnings forecast for the current fiscal year through march. The company expects group net profit of Y5 billion for the year.
Spanish banking giant Banco Santander announced Monday it acquired a 50% stake of local pension and insurance company Real Tokio Marine Vida e Previdencia for 678 million Brazilian reals ($284.9 million) from Tokio Marine.
-By Atsuko Fukase, Dow Jones Newswires; 813-5255-2957; atsuko.fukase@dowjones.com
1 Year Tokio Marine (PK) Chart |
1 Month Tokio Marine (PK) Chart |
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