Back 24 Oct 2025

Dai-ichi Life Holdings to acquire 28.47% stake in Wealth Management, Inc. through share purchase

Link: https://links.sgx.com/1.0.0/corporate-announcements/VMW3BZ66TCDSQ274/54f262d6c245b3804961741dbcd3bb6ab2f2ad0309a3c6cac746527acaac05c4

Summary:

  • Dai-ichi Life Holdings, Inc. will acquire 5,459,200 shares in Wealth Management, Inc., representing 28.47% of total voting rights.

  • Acquisition is planned to occur between early and late December 2025, subject to conditions precedent in the share transfer agreement.

  • Action is deemed equivalent to a tender offer under Japanese Financial Instruments and Exchange Act regulations.

  • Securities code of Wealth Management, Inc. is 3772.

  • Share acquisition date will be the fourth business day after fulfillment of all conditions, with flexibility in timing between December 3 and December 22, 2025.

  • Purpose is strategic investment; announcement made by Dai-ichi Life Holdings, President and Group CEO Tetsuya Kikuta.

  1. https://links.sgx.com/FileOpen/Notice%20Regarding%20an%20Acquisition%20of%20Shares%20in%20Wealth%20Management%20Inc.ashx?App=Announcement&FileID=864758