Itochu Takes Stake in Reinsurance Fund Company Juniperus Capital

c.2009 Bloomberg News

Dec. 22 (Bloomberg) -- Itochu Corp. took a stake in Bermuda-based Juniperus Capital Holdings Ltd., the operator of a reinsurance fund, according to a statement on the Japanese trading company's Web site today.

The Nikkei newspaper reported earlier that the stake was worth about 5 billion yen ($55 million).

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