Swiss Re Buys Brazilian Stake

Swiss Re Buys Brazilian Stake

Brazil Europe M&A

Swiss Re has agreed to buy shares representing a 14.9% stake in Brazilian insurer SulAmerica for $334m, it says. It is buying 33.7m units from ING, which has been decreasing its position in SulAmerica, representing $250m of the total, and 13.1m units

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