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Nishimura & Asahi has advised Japanese life insurance giant Dai-ichi Life Holdings on its 2.9-trillion-yen ($2 billion) acquisition of healthcare platform Benefit One, which was represented by Mori Hamada & Matsumoto.

Dai-ichi has been expanding its non-insurance business as its life insurance business struggles due to Japan’s shrinking population, Nikkei reported.

The Nishimura team was led by partners Yamato Nozawa and Junya Kokaji.

The MHM team included partners Takeshi Okuyama and Hideki Ben.

 

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