Life & Health Insurance M&A » By The Online Investor Staff, updated Fri., Feb. 3, 10:51 AM
Recent mergers and acquisitions in the Life & Health Insurance M&A category.
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Slide #41. Delaware Life Holdings — Sun Life's domestic U.S. annuity business and certain life insurance businesses
Acquirer:
Delaware Life Holdings
Acquiree:
Sun Life's domestic U.S. annuity business and certain life insurance businesses (NYSE:SLF)
Details:
Sun Life Financial Inc. announced the execution of a definitive agreement whereby Delaware Life Holdings, a company owned by shareholders of Guggenheim Partners, will purchase Sun Life's domestic U.S. annuity business and certain life insurance businesses for a base purchase price of US$1.35 billion, as adjusted to reflect the performance of the business through closing.
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Avg. Broker Rec.
 
|
Buy (2.71 out of 4) 13rd percentile
(ranked lower than approx. 87% of all stocks covered)
Analysts' Target Price: SLF Stock Forecast Based on Zacks ABR data; powered by Xignite |
