Chesnara Plc has agreed to buy HSBC Holdings Plc’s life insurance business in the UK, creating an entity with a combined £18 ...

LONDON (Reuters) -Life and pensions company Chesnara has agreed to buy HSBC's UK life insurance business for 260 million ...

Limited unit to Chesnara Plc for £260M  (US$355M), Chesnara said in a filing on Thursday. For HSBC (NYSE:HSBC), the deal ...

The deal is expected to boost Chesnara’s scale in the UK, adding approximately £4bn in assets under administration and around ...

Chesnara, the UK life and pensions consolidator, launched a £140m rights issue to finance its takeover of HSBC’s UK life ...

Pension consolidator Chesnara has agreed to buy HSBC Life for a £260mn sum. HSBC Life is a specialist life protection and ...

HSBC has sold its UK life insurance arm, HSBC Life, to insurance firm Chesnara for £260million Policyholders with HSBC Life ...

Chesnara said the acquisition would enhance the future cash generation of the group, with around £140m expected in the first ...

Chesnara agreed to buy HSBC's specialist life protection and investment bond provider from the bank's U.K. branch for 260 million pounds ($354.5 million) in cash. The London-listed life insurance ...

Chesnara said it expected to generate over 800 million pounds in additional lifetime cash flow from HSBC Life (UK), with annual cash generation exceeding 140 million pounds in the first five years.

Chesnara has agreed to buy HSBC’s protection and investment bond unit for £260m, which the life and pensions consolidator ...

Chesnara announced an agreement to acquire HSBC Life UK from HSBC on Thursday, for £260m, in a move that it said would ...