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Saudi Re completes sales of Probitas to Aviva
Saudi Re has completed the sale of its 49.9% stake in Bermuda-based Probitas Holdings for $159 million. The Riyadh-based company announced on the Tadawul stock exchange website that the deal would support its growth and financial position, with a positive impact on its financial statements in the third quarter of…
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Click here to read the full story: Bermuda Insurance Magazine