The Allstate Corporation ALL recently closed the sale of its Group Health business to Nationwide for a total consideration of ...

Allstate (ALL) remains well-poised for growth on the back of improved P&C insurance premiums earned, buyouts and divestitures, and solid cash reserves.

Nationwide has completed its acquisition of The Allstate’s employer stop-loss segment, with the transaction closing at a ...

Allstate restores auto profitability, strengthens capital via divestitures, resumes buybacks, but limited upside. Click for ...

Allstate’s commitment to purpose-driven leadership supports the continued focus on improving auto insurance margins while executing its Transformative ...

Divestiture clauses often also include material restrictions on use of the applicable software, technology, IP and services after the divestiture.

Nationwide has completed its $1.25 billion acquisition of The Allstate Corporation’s employer stop loss business, expanding its presence in the self-funded health benefits market. The deal closed as ...

By Adriano Marchese Kiwetinohk Energy said that it is considering an exit from its power business as part of a broader strategy review of the business.

The company’s near-term earnings are considered stable, but the combination of the recent divestiture and the wait-and-see approach to share repurchases justifies the Hold rating for Allstate ...

Allstate also follows a remarkable strategy of undertaking divestitures to extract capital out of businesses that fetch lower returns and growth.

Simultaneously, the divestiture underscores ALL’s broader strategy to allocate more capital toward strengthening its market position in personal property-liability and expanding its portfolio of ...