Itochu to Enter U.S. Insurance Distribution Biz
Tokyo, May 28 (Jiji Press)--Japanese trading house Itochu Corp. said Wednesday that it will enter the retail insurance distribution business in the United States in partnership with the Neo Group.
Itochu acquired a stake in Churchill Innovative Holdings LLC, the Florida-based parent of the Neo Group, in a deal estimated to be worth billions of yen.
(2025/05/28-17:50)
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