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Allstate Finalizes Group Health Divestiture for $1.25 Bn
ZACKSยท 2025-07-02 18:00
Key Takeaways ALL closed the sale of its Group Health business to Nationwide, making a roughly $500 million book gain. The move is part of ALL's $3.25 billion divestiture plan to exit Health and Benefits operations. ALL aims to boost focus on core operations like Property-Liability and Protection Services units.The Allstate Corporation (ALL) recently closed the sale of its Group Health business to Nationwide for a total consideration of $1.25 billion. ALL initially announced its intention to divest this b ...
American Strategic Investment (NYC) - 2025 Q1 - Earnings Call Transcript
2025-05-09 16:02
American Strategic Investment (NYC) Q1 2025 Earnings Call May 09, 2025 11:00 AM ET Company Participants Curtis Parker - Senior Vice PresidentNicholas Schorsch - CEOMichael LeSanto - CFO, Principal Accounting Officer and Principal Financial Officer & Treasurer Operator Good morning, and welcome to the American Strategic Investment Company's First Quarter Earnings Call. At this time, all participants are in a listen only I would now like to turn the conference over to Curtis Parker, Senior Vice President. Ple ...