Swiss Re fully exits Phoenix Group holding with new £440m stake sale

12-01-2022

Swiss Re fully exits Phoenix Group holding with new £440m stake sale

shutterstock/Monster Ztudio

Global reinsurer has further reduced its shareholding in London-based insurance company Phoenix Group Holdings by selling approximately 6.6 percent stake for around £440 million through an accelerated bookbuilding process.


Swiss Re, Phoenix Group Holdings, Merrill Lynch International, Sale, Shareholder, Insurance, Reinsurance, London, UK

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