KM Financial Solutions | Supermarket chain Co-Operative Group to sell underwriting arm for $238 mln
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Supermarket chain Co-Operative Group to sell underwriting arm for $238 mln

Supermarket chain Co-Operative Group to sell underwriting arm for $238 mln

Co-Operative Group Ltd,
Britain’s sixth largest supermarket group, said on Friday it was
selling its insurance underwriting business, CIS General
Insurance, to motor insurance specialist Markerstudy for 185
million pounds ($238.5 million).

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