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Stamford insurer sells line to Swiss Re

2016-01-06 17:51:53| IT Services - Topix.net

Independence Holding is selling its IHC Risk Solutions "stop-loss" insurance line to Swiss Re and subsidiary Westport Insurance for $153 million, if approved by shareholders. Stamford-based Independence Holding ran IHC Risk Solutions through its New York City-based subsidiary American Independence , offering stop-loss coverage that self-insured organizations can purchase that covers exorbitant medical costs incurred by any members.

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IDEX Corporation Sells Ismatec Product Line

2015-08-04 04:24:10| Industrial Machines - Topix.net

The Ismatec products were part of the Scientific Fluidics Platform and generated revenues of approximately $13M in 2014. "The sale of the Ismatec product line is consistent with our strategic objectives and our focus on core business and customers."

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Craig Wireless subsidiary sells fixed line and transitional capable wireless assets to M2

2015-07-27 03:30:48| Wireless - Topix.net

Moving forward the sale of these assets will allow the Company to focus on its core strength of providing wireless broadband services to the The transition of customers from Woosh to M2 is expected to take up to three months to complete. The total estimated value of the sale is expected to be approximately NZD$1.3 million offer a broad range of telecommunications services, incluing, broadband internet access, business connectivity solutions, hosting, security and telecommunications solutions.

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Sukup sells implement line to Remlinger

2015-05-21 06:00:00| Corn & Soybean Digest

 SHEFFIELD, Iowa (May 20, 2015) – Sukup Manufacturing Co. of Sheffield, Iowa has sold their implement line to Remlinger Manufacturing Co., Inc., of Kalida, Ohio. read more

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Ginebra sells non-alcoholic line to SMB

2015-05-05 03:17:30| Beverages - Topix.net

The hard liquor unit of diversified conglomerate San Miguel Corp. has completed the sale of its non-alcoholic beverage assets to sister company San Miguel Brewery Inc. for nearly P400 million. In a disclosure to the Philippine Stock Exchange yesterday, Ginebra San Miguel Inc. said a deed of sale has been executed with SMB for the sale of finished goods and other inventories including containers, packaging materials, goods in process and raw materials used by the former in its non-alcoholic beverage business for the purchase price of P214.97 million.

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