Delphi Financial Group (DFG) to be acquired by Tokio Marine Holdings (TKOMY.PK) for $43.875 per...

|About: Delphi Financial Group Inc. (DFG)|By:, SA News Editor

Delphi Financial Group (DFG) to be acquired by Tokio Marine Holdings (TKOMY.PK) for $43.875 per Class A share and $52.875 per Class B share in cash, or a total of $2.7B including a special dividend. The deal is part of a larger trend of Japanese firms capitalizing on the strong yen to go shopping abroad, hoping to offset weak growth at home.