(Reuters) – Swiss Re on Tuesday announced a sale of its 10.5% stake in Canadian insurer Definity Financial for 655 million Canadian dollars ($458.49 million).
The Swiss reinsurer expects to close the deal on March 19 and will hold no shares in Definity Financial after that, it said.
($1 = 1.4286 Canadian dollars)
(Reporting by Andrey Sychev, editing by Rachel More)