Swiss Re sells stake in Definity Financial for $460 mln
18/03/2025 12:41
March 18 (Reuters) - Swiss Re SRENH.S on Tuesday announced a sale of its 10.5% stake in Canadian insurer Definity Financial DFY.TO for 655 million Canadian dollars ($458.49 million). The Swiss reinsurer expects to close the deal on March 19 and will hold no shares in Definity Financial after that, it said. ($1 = 1.4286 Canadian dollars) (Reporting by Andrey Sychev, editing by Rachel More) ((andrey.sychev@thomsonreuters.com;))
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