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Allstate (NYSE:ALL) completed the sale of its Group Health business to Nationwide for $1.25B, a deal that's expected to book a gain of ~$500M, the company said on Tuesday. In January, when the ...
NORTHBROOK, Ill., July 01, 2025--The Allstate Corporation (NYSE: ALL) today completed the sale of its Group Health business to Nationwide for $1.25 billion.
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Zacks.com on MSNAllstate Finalizes Group Health Divestiture for $1.25 BnThe Allstate Corporation ALL recently closed the sale of its Group Health business to Nationwide for a total consideration of ...
NORTHBROOK, Ill., January 30, 2025--The Allstate Corporation (NYSE: ALL) announced a definitive agreement to sell its Group Health business to Nationwide for $1.25 billion in cash, adjusted for ...
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Life Insurance International on MSNNationwide concludes purchase of Allstate’s employer stop-loss armNationwide has completed its acquisition of The Allstate’s employer stop-loss segment, with the transaction closing at a ...
Insurance giant Allstate is selling its group health business to rival Nationwide for $1.25 billion in cash as part of its plan to focus on its core products such as property and casualty insurance.
Allstate (NYSE:ALL) said Thursday it has agreed to divest of its Group Health business to Nationwide Life Insurance Company for $1.25B in cash, adjusted for the closing balance sheet.
The $2 billion sale represents 20.6 times earnings from the last 12 months, which compares favorably with recent transactions, and will generate a financial book gain of about $600 million for ...
Allstate completes sale of Group Health business. NORTHBROOK, Ill., July 1, 2025- The Allstate Corporation today completed the sale of its Group Health business to Nationwide for $1.25 billion. "The ...
The Allstate Corporation ALL recently closed the sale of its Group Health business to Nationwide for a total consideration of $1.25 billion. ALL initially announced its intention to divest this ...
NORTHBROOK, Ill., January 30, 2025--The Allstate Corporation (NYSE: ALL) announced a definitive agreement to sell its Group Health business to Nationwide for $1.25 billion in cash, adjusted for the ...
NORTHBROOK, Ill.--(BUSINESS WIRE)-- The Allstate Corporation (ALL) today completed the sale of its Group Health business to Nationwide for $1.25 billion. “The sale delivers strong shareholder ...
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