Tokio Marine Holdings Inc. agreed to pay a 71 percent premium in its $2.7 billion cash bid for the U.S.’s Delphi Financial Group Inc. as Japanese insurers face waning demand from an aging population at home.
Delphi Financial Group Inc. investors lost a bid to block a $2.7 billion buyout by rival insurer Tokio Marine Holdings Inc. as a judge rejected arguments that the deal was flawed because it unfairly enriches the company’s top executive.
The following companies may have unusual price changes in Japanese trading on Nov. 21. Stock symbols are in parentheses, and share prices are as of the latest close. The information in each item was released after markets shut unless stated otherwise.