Aflac AFL -0.39%decrease; red down pointing triangle is acquiring a 40% stake in Tree Line Capital Partners, a private-credit shop focused on lending to small and medium-size companies, according to people familiar with the matter.
The details
The insurance giant is paying about $100 million for the stake, the people said. Aflac is buying existing shares in the company from Tree Line management as well as its private-equity backer, Stone Point Capital.
Source: REUTER
