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Generali completes $2.5 billion acquisition of Liberty Seguros

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M&A

Italian insurer Assicurazioni Generali SpA has concluded a €2.3 billion ($2.5 billion) deal to acquire Liberty​Seguros SA, a subsidiary of U.S.-based insurer Liberty Mutual Holding Co., Verdict reported. The acquisition involves the transfer of Liberty Seguros’ operations in Portugal, Spain, Ireland, and Northern Ireland to Generali.

 

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