Swiss Re sells £437m stake in Phoenix through accelerated bookbuilding
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Reinsurer Swiss Re has received a cash payment of £1.2 billion and 13.3 percent stake in Phoenix Group Holdings following the completion of the sale of its subsidiary ReAssure Group.
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Swiss Re, Phoenix Group Holdings, ReAssure Group, transaction, Mergers & Acquisitions, Insurance, Reinsurance, John Dacey, North America
