BRIEF-Allstate Corp - To Sell Group Health Business To Nationwide For $1.25 Billion

Reuters

31 Jan

BRIEF-Allstate Corp - To Sell Group Health Business To Nationwide For $1.25 Billion

Allstate Corp ALL.N:

ALLSTATE CORP - TO SELL GROUP HEALTH BUSINESS TO NATIONWIDE FOR $1.25 BILLION
ALLSTATE CORP - SALE EXPECTED TO GENERATE $450 MILLION FINANCIAL BOOK GAIN
ALLSTATE CORP - SALE TO REDUCE ADJUSTED NET INCOME RETURN ON EQUITY BY 75 BASIS POINTS
ALLSTATE CORP - SALE TO INCREASE DEPLOYABLE CAPITAL BY $0.9 BILLION

Source text: [ID:n0000899051-25-000003]

Further company coverage: ALL.N

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