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NORTHBROOK, Ill., July 1, 2025 - The Allstate Corporation (NYSE: ALL) today completed the sale of its Group Health business to Nationwide for $1.25 billion.
The result included a $643 million after-tax gain from the sale of the employer voluntary benefits business. Adjusted net ...
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 ...
Allstate To Sell Group Health Biz To Nationwide For $1.25 Bln January 30, 2025 — 05:10 pm EST Written by RTTNews.com for RTTNews -> ...
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TipRanks on MSNAllstate reports Q2 adjusted EPS $5.94, consensus $3.26Reports Q2 revenue $16.6B vs. $15.71B last year. “Allstate (ALL) had strong operating and financial performance in Q2 while ...
In January 2025, Allstate inked a definitive deal to divest its Group Health business to Nationwide, which is likely to be completed by 2025 and expected to fetch cash proceeds of $1.25 billion.
The Allstate Corporation (NYSE: ALL) today reported financial results for the second quarter of 2025. "Allstate had strong ...
Allstate will sell its Group Health business to Nationwide for $1.25 billion in cash. Chief Financial Officer Jess Merten said Thursday that the deal—expected to close sometime this year ...
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 ...
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 ...
Allstate ALL 1.66% will sell its Group Health business to Nationwide for $1.25 billion in cash. Chief Financial Officer Jess Merten said Thursday that the deal—expected to close sometime this ...
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