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Baloise to buy Fidea for $543 million

Posted On: Apr. 15, 2019 6:14 AM CST

Belgium and Switzerland

Swiss insurer Baloise Holding A.G. is buying Belgium-based Fidea N.V. for $543 million as part of its plans to expand its operations in the country, Reuters reported. Baloise is buying the insurer from China-based Anbang Insurance Group Co. Ltd.

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