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    DFY — Definity Financial News Story

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    Brief: Swiss Re Sells 10.05% Stake In Definity Financial For CAD 655 Mln

    Picture of Definity Financial logoDefinity Financial
    18/03/2025 12:32
    March 18 (Reuters) - Swiss Re AG SRENH.S:

TO SELL 10.05% STAKE IN DEFINITY FINANCIAL FOR CAD 655 MILLION

SHARES ARE BEING SOLD BY SWISS RE INVESTMENT HOLDINGS COMPANY LTD ON AN UNDERWRITTEN BLOCK TRADE BASIS AT A PRICE OF CAD 56.20 PER COMMON SHARE

SHARES SOLD FOR AGGREGATE CASH PROCEEDS OF APPROXIMATELY CAD 655 MILLION

TO SELL 11,647,217 COMMON SHARES OF DEFINITY FINANCIAL

OFFERING IS EXPECTED TO CLOSE ON MARCH 19, 2025

AFTER GIVING EFFECT TO OFFERING, SWISS RE WILL NO LONGER HOLD ANY COMMON SHARES

Source text: ID:nGNX5QtrPc

Further company coverage: SRENH.S

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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