Announced
Synopsis
Allstate, an American insurance company, agreed to acquire Kingfisher, a mobile circular economy. Financial terms were not disclosed. “Allstate Protection Plans partners with some of the world’s leading mobile carriers, including Telenor Group, Softbank, Three, and T-Mobile, and the mobile industry remains a key area of growth for us globally. We are thrilled to welcome the Kingfisher team to Allstate. By bringing this world-class team of experts onboard, we gain a significant competitive advantage over traditional companies in the wireless industry, further enhancing our ability to meet the evolving needs of carriers and consumers alike,” Karl Wiley, Allstate Global President and CEO of Protection Plans.
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