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LONDON (Reuters) -Life and pensions company Chesnara has agreed to buy HSBC's UK life insurance business for 260 million ...
Limited unit to Chesnara Plc for £260M (US$355M), Chesnara said in a filing on Thursday. For HSBC (NYSE:HSBC), the deal ...
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GlobalData on MSNChesnara to acquire HSBC Life UK in £260m dealThe deal is expected to boost Chesnara’s scale in the UK, adding approximately £4bn in assets under administration and around ...
Chesnara, the UK life and pensions consolidator, launched a £140m rights issue to finance its takeover of HSBC’s UK life ...
UK life and pensions consolidator Chesnara has struck a deal with HSBC Bank to acquire its protection and investment bond arm ...
Chesnara, which was formed in 2004 and has operations in the UK and Europe, reported assets under administration of 14 billion pounds ($18.7 billion) as of December 31, 2024.
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Chesnara said the acquisition would enhance the future cash generation of the group, with around £140m expected in the first ...
Chesnara has agreed to buy HSBC’s protection and investment bond unit for £260m, which the life and pensions consolidator ...
European life and pensions consolidator, Chesnara, has announced that it has agreed to acquire HSBC Life (UK) from HSBC Bank plc for a total consideration of £260m ...
HSBC (NYSE:HSBC) agreed to sell its HSBC Life (UK) Limited unit to Chesnara Plc for £260M (US$355M), Chesnara said in a filing on Thursday. In contrast, Chesnara is consolidating life and pension ...
HSBC Holdings plc HSBC has agreed to sell its life insurance business in the U.K., HSBC Life (UK) Limited, to Chesnara, a life and pensions consolidator, for a cash consideration of £260 million.
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