Reinsurer Swiss Re has reduced its shareholding in Phoenix Group Holdings by selling approximately 6.6 percent stake for £437 million through an accelerated bookbuilding process.
Swiss Re, Phoenix Group, ReAssure, Mergers & Aquisitions, Insurance, Reinsurance, Europe
Swiss Re fully exits Phoenix Group holding with new £440m stake sale12-01-2022
Phoenix Group agrees €230m sale of Ark Life15-07-2021
Swiss Re bolsters capital position as it wraps up ReAssure sale24-07-2020
Swiss Re agrees to sell ReAssure to Phoenix Group06-12-2019
Receive twice daily emails from Intelligent Insurer with all the latest industry news.