The European Commission has approved the acquisition by Swiss Reof 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 toclose 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 fundits acquisition of the Kansas City-based company.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
