Singapore Fund Seeks Court Ruling on Mitsui Life Takeover Price

  • Claims Nippon Life acquired shares too cheaply during takeover
  • Should have used Mitsui Life's embedded value: TIH Chairman

TIHT Investment Holdings Pte, a Singaporean private equity firm partly owned by Temasek Holdings Pte, asked the Tokyo District Court to review the price Nippon Life Insurance Co. paid to buy its stake in another Japanese insurer, claiming that it was too low.

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