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Challenger rejected TAL Dai-ichi Life Australia Pty Ltd's acquisition proposal, saying the offer was not at a level it could recommend to shareholders, while continuing discussions with TAL Dai-ichi Life Australia Pty Ltd.5d agoDai-ichi Life Insurance and Nomura Real Estate Development joined a JAM-managed fund holding Tokyo’s JR Minami-Shinjuku Building as major investors, alongside a refinancing.5d agoTAL offered A$11.80 per share to acquire the approximately 79.5% of Challenger Limited it does not already own, in a non-binding, conditional proposal.12d ago