May 30, 2018 BY Valentina Kirilova
ANZ New Zealand to sell OnePath Life NZ Ltd to Cigna Corporation
ANZ Bank New Zealand Ltd today announced it has agreed to sell OnePath Life NZ Limited for NZ$700 million to Cigna Corporation, a specialist insurance business that has been providing insurance protection to New Zealanders for 100 years. The transaction represents a slight premium to embedded value and is expected to generate a gain on…
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