March 18 (Reuters) - Swiss Re AG:
* TO SELL 10.05% STAKE IN DEFINITY FINANCIAL FOR CAD 655
MILLION
* SHARES ARE BEING SOLD BY SWISS RE INVESTMENT HOLDINGS
COMPANY
LTD ON AN UNDERWRITTEN BLOCK TRADE BASIS AT A PRICE OF CAD 56.20
PER COMMON SHARE
* SHARES SOLD FOR AGGREGATE CASH PROCEEDS OF APPROXIMATELY
CAD 655
MILLION
* TO SELL 11,647,217 COMMON SHARES OF DEFINITY FINANCIAL
* OFFERING IS EXPECTED TO CLOSE ON MARCH 19, 2025
* AFTER GIVING EFFECT TO OFFERING, SWISS RE WILL NO LONGER
HOLD
ANY COMMON SHARES
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(Gdansk Newsroom)