.
MergerLinks Header Logo

New Deal


Announced

Aflac to acquire Zurich North America's Group Benefits business.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Friendly

Majority

Management Consulting

management solutions

Private

United States

Pending

Single Bidder

Acquisition

Domestic

Synopsis

Edit

Aflac, a supplemental insurer, through its subsidiaries Aflac of Columbus and Aflac of New York, agreed to acquire Zurich North America's Group Benefits business, consisting of group life, disability and absence management products. Financial terms were not disclosed. "We are very excited to acquire the Group Benefits platform of Zurich North America. This strategic transaction further enhances our value proposition to brokers and employers and aligns with our vision of being the number one distributor of benefit solutions to the US workforce," Teresa L. White, Aflac US President.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US