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Stock impact report

Deals: Blue Cross buys StanCorp's voluntary benefits business [Advisor.ca (Canada)]

Allstate Corporation (The) (ALL) 
Last allstate corporation (the) earnings: 2/4 06:08 pm Check Earnings Report
US:NYSE Investor Relations: allstateinvestors.com
Company Research Source: Advisor.ca
Blue Cross Life Insurance Company of Canada will buy the Canadian voluntary benefits business of StanCorp Financial Group Inc., the insurer announced. Blue Cross expects the transaction to close later this year, it said in a release. “This acquisition further reinforces Blue Cross Life's role in the Canadian workplace life benefits landscape, with voluntary benefits as a key component of its national growth strategy.” StanCorp bought the book of business from Allstate Corporation in 2025. It will continue to be marketed under the Allstate brand. — Toronto-based private equity firm Georgian will get a US$100 million investment from Navigator Global Investments Ltd for 4.5% of Georgian's equity, the firm announced Monday. Georgian invests in growth-stage business software companies and has an in-house AI lab with 20 experts to make proprietary tools. Georgian will use Navigator's investment as future funds and a small portion of growth initiatives. — FTSE Russell will use Show less Read more
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