SoftBank's PayPay, Japan's dominant payments app, says it will take a 70.2% stake in T&D Financial Life Insurance for $840M, expected to close in October 2027 (Mayumi Negishi/Bloomberg)

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Mayumi Negishi / Bloomberg:
SoftBank's PayPay, Japan's dominant payments app, says it will take a 70.2% stake in T&D Financial Life Insurance for $840M, expected to close in October 2027  —  SoftBank Group Corp.'s payments unit is buying the life insurance unit of T&D Holdings Inc. for ¥134.3 billion ($840 million) …

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