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BRIEF-Swiss Re agrees to 800 mln STG minority investment into its Reassure unit by MS&AD
October 5, 2017 / 10:50 PM / 2 months ago

BRIEF-Swiss Re agrees to 800 mln STG minority investment into its Reassure unit by MS&AD

Oct 5 (Reuters) - Swiss Re-

* Swiss Re agrees 800 million STG minority investment into reassure by MS&AD

* MS&AD agreed to acquire 5% stake in Reassure for GBP 175 million, which values reassure at GBP 3.5 billion

* MS&AD to invest, for up to 3-years from closing, 800 million STG in total into equity of co’s unit reassure, with maximum shareholding of 15 percent

* Reassure remains core part of co’s business Further company coverage:

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