Allstate nears annuity book sale to FGL

Source: Dukascopy Bank SA
The US insurer Allstate Corp entered exclusive negotiations over its insurance policies book sale to FGL Holdings, valued at between $2.5B-$3.0B, sources reported on Thursday.
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Thu, 04 Apr 2019 09:28:51 GMT

First Abu Dhabi Bank, ADIB deny merger talks

On Thursday, First Abu Dhabi Bank and Abu Dhabi Islamic Bank denied they had launched any merger talks, following a media report claiming the emirate sought to combine them.

Thu, 04 Apr 2019 08:06:36 GMT

Austalia's GrainCorp seeks splitting its business

On Thursday, Australia's takeover target GrainCorp stated it was planning to split its business into two brands, listing the company's global malting division and reorganising its grain unit, as its earnings were hit by drought.

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