Prosperity Life Group's SUSA to Acquire National Western in $1.9 Billion Cash Merger
Acquiring Company
Prosperity Life Group
Acquired Company
National Western Life Insurance Company
New YorkAustinFinanceInsuranceFinancial ServicesEmployee BenefitsInsuranceDescription
Prosperity Life Group's SUSA is expected to close the acquisition of National Western in an all-cash merger transaction valued at approximately $1.9 billion. This acquisition reinforces Prosperity Life Group's commitment to providing life insurance, asset accumulation, and supplemental health products to help individuals and their families achieve their goals.
Quick answer
Prosperity Life Group is acquiring National Western Life Insurance Company for $1.9 billion, announced July 3, 2024. Prosperity Life Group is based in New York, New York, United States.
- How much did Prosperity Life Group pay for National Western Life Insurance Company?
- The reported deal value is $1.9 billion.
- What does Prosperity Life Group do?
- Prosperity Life Group is a US-centric Life Insurance organization offering life and annuity insurance, reinsurance, and capital solutions.
- Where are Prosperity Life Group and National Western Life Insurance Company based?
- Prosperity Life Group is based in New York, New York, United States. National Western Life Insurance Company is based in Austin, Texas, United States.
Source: Fundz verified event record.
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Frequently asked
Who acquired National Western Life Insurance Company?
National Western Life Insurance Company was acquired by Prosperity Life Group, based in New York. The deal was reported on July 3, 2024. Prosperity Life Group is a US-centric Life Insurance organization offering life and annuity insurance, reinsurance, and capital solutions. Prosperity Life Group is privately held and operates in Finance.
When did Prosperity Life Group acquire National Western Life Insurance Company?
Prosperity Life Group's acquisition of National Western Life Insurance Company was reported on July 3, 2024. Prosperity Life Group's SUSA is expected to close the acquisition of National Western in an all-cash merger transaction valued at approximately $1.9 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does National Western Life Insurance Company do?
National Western Life Group, Inc. It is privately held, operating in Financial Services, and is based in Austin.
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