Challenger Shares Surge After TAL Dai-ichi Life Buys 15.1% Stake at 53% Premium

Mon 07 Apr 25, 01:31 AM | Team Kalkine

Image source: Shutterstock

Highlights

TAL Dai-ichi Life to acquire 15.1% stake in Challenger at $8.46 per share, a 53% premium.

Challenger shares jump 12.5% to $6.20, defying broader market downturn.

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