Geopolitics Alpha

Australian Insurer Rejects Daiichi Life's Acquisition Offer

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Australian Insurer Rejects Daiichi Life's Acquisition Offer

Tokyo, Oct. 27 (Jiji Press)--Major Australian life insurer Challenger Ltd. has rejected an acquisition offer f…

Directly affected

  • No company is named in this report.

Indirectly affected

  • XLF Financial Select Sector SPDR-3.9% 30d

    Financial Select Sector SPDR: it holds insurers. Linked by “insurer” (insurers) in this story.

  • EWA iShares MSCI Australia ETF+2.2% 30d

    iShares MSCI Australia ETF holds stocks listed in Australia, which this story is about (“australian”).

  • EWJ iShares MSCI Japan ETF-0.2% 30d

    iShares MSCI Japan ETF holds stocks listed in Japan, which this story is about (“tokyo”).

  • CB Chubb+5.5% 30d

    Chubb (fire, marine and casualty insurance): insurers pay claims and price policies around events like this. Linked by “insurer” (insurers) in this story.

  • TRV The Travelers Companies+5.4% 30d

    The Travelers Companies (fire, marine and casualty insurance): insurers pay claims and price policies around events like this. Linked by “insurer” (insurers) in this story.

  • AIG American International Group+6.5% 30d

    American International Group (fire, marine and casualty insurance): insurers pay claims and price policies around events like this. Linked by “insurer” (insurers) in this story.

  • MET MetLife+1.0% 14d

    MetLife (life insurance): insurers pay claims and price policies around events like this. Linked by “insurer” (insurers) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XLFNo price data for this ticker———————
EWANo price data for this ticker———————
EWJNo price data for this ticker———————
CBNo price data for this ticker———————
TRVNo price data for this ticker———————
AIGNo price data for this ticker———————
METNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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Australian Insurer Rejects Daiichi Life's Acquisition Offer nippon.com

Source: nippon.com

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid “Australian Insurer Rejects Daiichi Life's Acquisition Offer” looks

12 out of 100

“Australian Insurer Rejects Daiichi Life's Acquisition Offer” scores 12 out of 100. The score uses 1 sources.