(Sharecast News) - Chesnara has agreed to buy MetLife UK, a closed-book life insurance business with around 18,000 policies and £1.7bn of assets under administration. The acquisition is expected to enhance Chesnara's UK operations and generate approximately £90m of lifetime cash flows.
No purchase price was disclosed. Chesnara said the consideration...

Email this article to a friend

or share it with one of these popular networks:

• DIGG
• FACEBOOK
• STUMBLEUPON
• MIXX
• YAHOO BUZZ
• DELICIOUS
• REDDIT
• NEWSVINE