Tuesday, November 27, 2007
Great-West Lifeco Subsidiary to Sell U.S. Health Care Business
Great-West Lifeco Inc. announced today that its subsidiary, U.S.-based Great-West Life & Annuity Insurance Company, has signed a definitive agreement to sell its health care business, Great-West Healthcare, to a subsidiary of CIGNA Corporation. The transaction has an enterprise value of US $2.25 billion and is expected to close during the first half of 2008, subject to regulatory and certain other approvals.
Great-West Lifeco Subsidiary to Sell U.S. Health Care Business
Source: PR Newswire
Great-West Lifeco Subsidiary to Sell U.S. Health Care Business
Source: PR Newswire
Permalink posted by armandn @ 6:37 AM 
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