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TDA, a Daiichi Life Group subsidiary, proposed paying A$11.80 per Challenger share for the remaining 79.5% stake.
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The range covers life protection, savings and investment-linked products.
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The initiative supports the worldwide commercial rollout of WeRide's autonomous fleet.
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The transaction, first announced in May 2026, was completed after all regulatory approvals and customary closing conditions were received ahead of the companies’ year-end target.
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Insurers that can make cover simple to buy and pair it with practical support have an opportunity to grow in an underserved part of the SME market
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