Swiss Re to sell ReAssure to Phoenix in cash-and-share deal
Sarah JollyDecember 6, 2019
Swiss Re will sell its closed life subsidiary ReAssure Group to Phoenix Group for a cash payment of £1.2bn plus shares worth about £2bn in Phoenix. Swiss Re said the sale of ReAssure has been a goal of the firm. Swiss Re will...
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Sarah JollyDecember 6, 2019