The Zurich Financial Services Group announced that it has signed definitive agreements with Banco Santander SA to enter into a long-term alliance in Latin America.
Zurich said the “scope, structure and key financial terms are materially unchanged” from those outlined when the cooperation agreement was first announced in February.
The two parties expect to close the transaction before the end of the year, subject to the receipt of regulatory approvals.
Source: Zurich Financial Services
Was this article valuable?
Here are more articles you may enjoy.
German Insurtech Wefox to Replace CEO After Board Rejects Mubadala Sales Plan 
GEICO Tops Progressive With Higher J.D. Power Scores 
Home Insurance at $10,000 a Year Shows California Buyers’ Pain 
Zurich to Buy AIG’s Travel Insurance Business for $600 Million 
