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Zacks.com on MSNAllstate Finalizes Group Health Divestiture for $1.25 BnThe Allstate Corporation ALL recently closed the sale of its Group Health business to Nationwide for a total consideration of ...
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Life Insurance International on MSNNationwide concludes purchase of Allstate’s employer stop-loss armNationwide has completed its acquisition of The Allstate’s employer stop-loss segment, with the transaction closing at a ...
The leftover Individual Health business will either be retained by Allstate or merged with another company. The combined transaction proceeds fetched by Allstate out of Employer Voluntary Benefits and ...
Underlying Motive of Allstate Behind the Group Health Divestiture Allstate's recent announcement aligns with its strategic objective of maximizing the growth potential of the Group Health business ...
NORTHBROOK, Ill.--(BUSINESS WIRE)-- The Allstate Corporation (ALL) today completed the sale of its Group Health business to Nationwide for $1.25 billion. “The sale delivers strong shareholder ...
The Allstate Corporation (NYSE: ALL) announced a definitive agreement to sell its Group Health business to Nationwide for $1.25 billion in cash, adjus ...
The deal follows Allstate's $2 billion sale of its employer voluntary benefits business as the insurance giant tries to focus more on its core products.
The divestiture of the Group Health business is projected to yield a financial book gain of around $500 million and marks an effort of Allstate to sustain its strong record of returning value to ...
The Allstate Corporation ALL inked a definitive deal to divest its Group Health business, part of the insurer’s Health and Benefits unit, to Nationwide. Subject to adjustments based on the ...
Allstate ALL 1.66% will sell its Group Health business to Nationwide for $1.25 billion in cash. Chief Financial Officer Jess Merten said Thursday that the deal—expected to close sometime this ...
Allstate will sell its Group Health business to Nationwide for $1.25 billion in cash. Chief Financial Officer Jess Merten said Thursday that the deal—expected to close sometime this year ...
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