

TOP NEWS: Phoenix Group Buys Swiss Re's ReAssure For GBP3.3 Billion


LONDON MARKET PRE-OPEN: Phoenix Group Buys ReAssure For GBP3.3 Billion


(Sharecast News) - Phoenix Group Holdings said it had made a £3.2bn cash and shares offer for Swiss Re's UK unit ReAssure Group.


* Latest deal in rapidly consolidating sector* Follows aborted attempt to list ReAssure in July* Biggest deal for Phoenix (Updates share move, adds a...


* Latest deal in rapidly consolidating sector* Follows aborted attempt to list ReAssure in July* Biggest deal for Phoenix (Adds CEO comments, shares,...


* Latest deal in rapidly consolidating sector* Follows aborted attempt to list ReAssure in July* Biggest deal for Phoenix since Standard Life Assuranc...


ZURICH, Dec 6 (Reuters) - Swiss Re has agreed to sell its UK-based ReAssure unit to Phoenix Group in a cash-and-shares deal worth 3.25 billion pound...


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