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MS&AD Cross-Shareholding - At Least US$20bn of Cross-Shareholding to Sell

677 Views13 Mar 2024 09:48
The FSA has asked general insurers to trim their cross-shareholding. MS&AD (8725 JP) had a stake over US$100m in at least 29 listed Japanese stocks, amounting to a total of US$17.4bn.
Boomeranged on Tue, 21 May 2024 16:07
Along with its results announcement today, MS&AD announced that it will accelerate its cross-shareholding unwind and is targeting a sale of around US$9bn worth of shares over the next two years.
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