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Chesnara Plc has agreed to buy HSBC Holdings Plc’s life insurance business in the UK, creating an entity with a combined £18 ...
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GlobalData on MSNChesnara to acquire HSBC Life UK in £260m dealThe deal is expected to boost Chesnara’s scale in the UK, adding approximately £4bn in assets under administration and around ...
Pension consolidator Chesnara has agreed to buy HSBC Life for a £260mn sum. HSBC Life is a specialist life protection and ...
Limited unit to Chesnara Plc for £260M (US$355M), Chesnara said in a filing on Thursday. For HSBC (NYSE:HSBC), the deal ...
LONDON (Reuters) -Life and pensions company Chesnara has agreed to buy HSBC's UK life insurance business for 260 million ...
HSBC has sold its UK life insurance arm, HSBC Life, to insurance firm Chesnara for £260million Policyholders with HSBC Life ...
UK life and pensions consolidator Chesnara has struck a deal with HSBC Bank to acquire its protection and investment bond arm ...
Chesnara, the UK life and pensions consolidator, launched a £140m rights issue to finance its takeover of HSBC’s UK life ...
Chesnara said the acquisition would enhance the future cash generation of the group, with around £140m expected in the first ...
HSBC has sold off its life protection division in the UK in what marks the latest step back from European activity.
HSBC’s sale of its UK insurance business is the latest in a raft of asset disposals in Europe and North America as the ...
Chesnara announced an agreement to acquire HSBC Life UK from HSBC on Thursday, for £260m, in a move that it said would ...
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