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UNM Unum Group

50.75
-0.61 (-1.19%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Unum Group NYSE:UNM NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.61 -1.19% 50.75 51.12 50.54 51.07 1,016,680 01:00:00

Unum to Buy Poland's Pramerica Ycie From Prudential Financial

23/01/2018 12:13pm

Dow Jones News


Unum (NYSE:UNM)
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   By Colin Kellaher 
 

Unum Group (UNM) on Tuesday said it agreed to acquire Pramerica ycie TUiR SA, a financial-protection provider in Poland, from Prudential Financial, Inc. (PRU).

Terms of the deal, which marks Unum's entry in Poland, weren't disclosed.

The Chattanooga, Tenn., provider of insurance products said the transaction, expected to close by the end of the year, doesn't change its earnings or capital-management outlook for 2018.

Unum said Pramerica ycie will remain a standalone business reporting to Unum U.K. President and Chief Executive Peter O'Donnell.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

January 23, 2018 06:58 ET (11:58 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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