The European Commission has approved the acquisition by Swiss Re of GE Insurance Solutions, the company confirmed today.
A Swiss Re spokeswoman did not have details of the approval, which was announced in Brussels yesterday. The deal is expected to close within weeks, she added.
Last week, the Zurich-based company said it expects to raise $3.9 billion instead of $4.7 billion in equity securities to fund its acquisition of the Kansas City-based company.
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