Allstate Sells Unit, Stock Hits Record High
Allstate offloads business unit for $2B to boost growth, stock climbs.
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Allstate offloads business unit for $2B to boost growth, stock climbs.
Allstate sells voluntary benefits business to StanCorp for $2B to focus on strategic growth. Gain of $600M expected from sale.
Japan's Meiji Yasuda buys Allstate's business for $2B to boost global profits by 2027.
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