BRIEF-Allstate Corp - To Sell Group Health Business To Nationwide For $1.25 Billion
ReutersJan 30, 2025 11:35 PM
Allstate Corp ALL.N:
ALLSTATE CORP - TO SELL GROUP HEALTH BUSINESS TO NATIONWIDE FOR $1.25 BILLION
ALLSTATE CORP - SALE EXPECTED TO GENERATE $450 MILLION FINANCIAL BOOK GAIN
ALLSTATE CORP - SALE TO REDUCE ADJUSTED NET INCOME RETURN ON EQUITY BY 75 BASIS POINTS
ALLSTATE CORP - SALE TO INCREASE DEPLOYABLE CAPITAL BY $0.9 BILLION
Source text: [ID:n0000899051-25-000003]
Further company coverage: ALL.N
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