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Legal & General to Sell US Protection Unit to Meiji Yasuda for $2.3 Billion and Form Strategic Partnership

Feb 07, 2025over 1 year ago

Contract Type

partnership

LondonFinancial ServicesFinanceLending

Description

Legal & General has announced the sale of its U.S. protection business to Japan’s Meiji Yasuda for $2.3 billion in cash, along with the formation of a strategic partnership. This move represents a significant strategic development for Legal & General, as it aims to focus on its core businesses and capitalize on growth opportunities in the U.S. market and global asset management.

Company Information

Company

Legal & General

Location

London, England, United Kingdom

About

Legal & General Group is a U.K. financial services firm specializing in areas such as investment management, insurance, and retirement solutions.

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Predictive Intelligence
Strategic

ML-powered predictions for Legal & General's next move

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.