Allstate to sell Group Health business to Nationwide
The Allstate Corporation (NYSE: ALL) announced a definitive agreement to sell its Group Health business to Nationwide for $1.25 billion in cash, adjusted for the closing balance sheet, and subject to standard closing conditions including regulatory approvals.
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Allstate's group health business provides stop-loss insurance to small businesses, which will gain access to Nationwide's complementary product offerings ...
The Allstate Corporation has reached a definitive agreement to sell its group health business to Nationwide for $1.25 billion ...
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