Jackson National Life Insurance Company has entered into an agreement to purchase SRLC America Holding Corp. from Swiss Re for $621 million in cash.
By Noah Guillaume|June 01, 2012 at 06:26 AM
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Jackson National Life Insurance Company has entered into an agreement to purchase SRLC America Holding Corp. (SRLC) from Swiss Re. Jackson will pay $621 million in cash for the business, subject to adjustment by application of customary purchase price mechanics to reflect the value of the business at closing.
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