Allstate to Sell Group Health Business for $1.25 Billion
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Allstate to Sell Group Health Business for $1.25 Billion
What does Allstate's $1.25 billion deal mean for its future? Allstate is selling its Group Health business to Nationwide for $1.25 billion in cash.,CFO Jess Merten estimates the deal will create a financial book gain of around $450 million.,This transaction is also expected to increase Allstate’s deployable capital by $900 million.,Despite ...
44 viewsMar 20, 2025
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